The post Interview with Massimo Morini, advisor of the Cardano Foundation appeared on BitcoinEthereumNews.com.

The Cryptonomist interviewed Massimo Morini, advisor of the Cardano Foundation and professor of blockchain and cryptocurrencies at the USI University of Lugano to talk about technology, AI, and the future of DeFi. How do you see the evolution of blockchain technology in the next five years and what role do you see for your work in this development? In the coming years, perhaps less than five, blockchain technology will need to fully become itself in order to continue growing. Truly decentralized and increasingly usable. With the growth in size, the biggest risk is that it will be noticed only because it is at the edge of the regulated world. The salvation lies in its identity. Bitcoin has continued to grow because it is truly decentralized, and in its own way used precisely for this reason. Ethereum is even more interesting because it has used its growing decentralization to give rise to a new economy, made up of DeFi projects and the technology to make them scalable and secure, even at layer two. Much is still to be done, especially on the Governance side. With Cardano, for example, we are working on the transition to decentralized governance. Cardano is taking this path with a determination that is still not seen enough in other ecosystems. And for decentralized governance to work, the users who participate must know the system they govern, in its mathematical, technological, and economic aspects. What are some of the most promising applications of blockchain and cryptocurrencies that you see emerging, especially in the context of the global economy? Let’s remember that the blockchain does not have a truly clear distinction between technology, investment, financing, and application. The token, for example, is the unit of blockchain technology, it is a form of financing, it is an investment, it is…

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Filed under: News - @ October 6, 2024 7:22 am