Cardano consolidates near $0.28 as Hoskinson unveils bold ‘Tinder on Blockchain’ vision
The post Cardano consolidates near $0.28 as Hoskinson unveils bold ‘Tinder on Blockchain’ vision appeared on BitcoinEthereumNews.com.
Charles Hoskinson, a co-founder of Cardano, hopes to expand blockchain technology beyond the financial industry and into commonplace applications, potentially reaching billions of users on Facebook and Tinder. Hoskinson said at the Consensus Hong Kong 2026 that dating apps could use blockchain to help users verify personal details like their salary, location, and height. By verifying that profile pictures are authentic, the technology may also lessen the prevalence of catfishing and phony accounts. By integrating it into routine digital experiences, Hoskinson hopes to increase the transparency and reliability of online interactions. Vision extends beyond financial applications “I want to get to a point where video games are on it, a point where Facebook and other things run on this infrastructure,” Hoskinson said at the event. “That’s what’s going to bring 2-3 billion people in and that’s what’s going to change everything.” Building on this goal, Hoskinson criticizes the industry’s current direction, pushing for a more user-friendly approach. The co-founder of Cardano feels that financial goods have received too much attention in the blockchain industry. He wants consumers to have seamless experiences without having to know how the technology works. “I don’t have to care how electricity works. I just flip the switch and magically it works,” he said, comparing it to electricity. “We have got to do that as an industry and stop ‘overfinancializing’ everything.” Such a shift toward invisible, everyday utility becomes especially relevant given the ongoing challenges users face on traditional platforms. His comments align with growing concerns about social media fraud and privacy. Data misuse on centralized platforms and catfishing could be addressed by blockchain technology. Hoskinson also highlighted another key upcoming development in Cardano’s ecosystem that supports privacy for mainstream users. Hoskinson discussed Cardano’s planned Midnight partner chain debut in late March. With this privacy-focused functionality,…
Filed under: News - @ February 16, 2026 8:27 pm