Cardano has scored a major milestone as one of the world’s wealthiest nations, the UAE, embraces the smart contract network for real-world applications. Marking a transformative leap into widespread adoption, the UAE has now integrated the blockchain to enhance the security of its criminal investigations. The groundbreaking revelation was unveiled at the recently held World Police Summit.
Spearheaded by the Dubai Police, the Cardano-based pilot project showcased how sensitive data from criminal investigations can be shared securely with international authorities such as Interpol. An example: Scans of bullets in concrete done by a highly sophisticated scanner are shared among global stakeholders on the Cardano blockchain.
The blockchain ensures that the data is not tampered with and can be tracked among various stakeholders This is an ideal use case for blockchain & Cardano. Ensuring data can be securely shared and managed in a decentralized network is becoming more and more relevant in industries ranging from energy, and defense to IoT. I expect to see more deployments of our protocol in real-world applications and at an accelerated rate.
This real-world application by one of the world’s economic powerhouses serves as a testament to the versatility and reliability of Cardano in ensuring data security and integrity.
Continuing its rapid strides, the leading PoS network has posted a surge in the number of ADA wallets, highlighting the burgeoning interest in the network. According to data from IntoTheBlock, wallets holding between 0 and 10 ADA have increased by 1.06% over the last month, which may indicate a growth in the number of newbie investors.
Cardano Wallets Growth & Key Priorities
A similar number of ADA wallets has been observed by Cardano Blockchain Insights, showing a jump of 89% from 1,706 on February 22 to 3,227 on February 23. While the pace of wallet growth has slowed since that peak, the positive momentum in overall platform addresses remains.
While the wallets’ growth has captured attention, community commitment has taken center stage. As a prominent ADA contributor, Rick McCracken outlines three pivotal priorities for the ADA community: This strategic move aligns with the platform’s overarching goal of sustainable growth.