Pablo Antonio Bejarano, in a recent interview, highlighted Cardano's unique advantages as a blockchain platform. Known for its high decentralization
Highlighting Cardano's strengths and unique approach in the blockchain industry, Pablo Antonio Bejarano, the founder and CEO of PBG.io, recently shared his insights with Amazing Digital World (ADM) in an exclusive interview. Bejarano's company is known for its Decentralized Vault Portfolios (DVPs) project on the Cardano blockchain. Here are some excerpts from the interview:
ADM: How does Cardano differ from other blockchain platforms, and what advantages does it offer?
Bejarano: Among infrastructure blockchains, Cardano stands out as the most decentralized in the industry. It also differs in its methodology and approach to addressing the trilemma of distributed systems and blockchains: decentralization, security, and scalability. Currently, Cardano is considered extremely secure, having never experienced any failures, exploits, or hacks since its inception, unlike other infrastructure blockchains. Also, it was designed with an academic and peer-reviewed approach, having published over 200 scientific papers and involving top experts in the industry. Charles Hoskinson, co-founder and former CEO of Ethereum, is also involved in the project. Another key difference is that projects built on Cardano use the Cardano Native Standard, allowing all tokens to operate natively within the blockchain, providing unmatched security features.
ADM: Why did you decide to build your company's (PBG.io) main project, Decentralized Vault Portfolios (DVPs), on the Cardano Blockchain?
Bejarano: The main reason we chose Cardano was for its security. As we focus on a project that will have applications in traditional finance, we must guarantee the security of our users, which is fundamental for any financial service. Additionally, we see Cardano as positioned to build a highly scalable and agile blockchain for transactions. These are fundamental characteristics. We also value their methodology of doing things slowly but correctly, rather than rushing and having to patch issues later. This philosophy of doing things the right way from the beginning, even if it takes a bit longer, aligns with our approach. Moreover, Cardano is poised to lead in the tokenization of real assets due to its technological capabilities, positioning us as leaders in the digital asset management industry.
ADM: What inspired you to focus on Cardano and its native token ADA, and what sets it apart from other cryptocurrencies?
Bejarano: The scientific and academic approach, and the people behind the project. Something that few understand or know is that Cardano continues with the original vision and development of Satoshi Nakamoto, the creator of Bitcoin. Unlike most infrastructure blockchains, Cardano adopts a model similar to but more scalable than Bitcoin's, focusing on security and decentralization, called the eUTxO model.
ADM: Can you discuss the potential for Cardano's native token ADA to reshape traditional financial systems?
Bejarano: On a superficial level, I can share that Cardano currently has a wide range of financial service products, from loans, credits, derivatives, and decentralized risk ratings to professional digital asset management products and services like ours. The ecosystem is growing every day, and more and more significant institutional players are waking up to the advantages that Cardano offers.
ADM: There are lots of rumors that ADA's price will skyrocket. What are your thoughts about this?
Bejarano: When the market better understands how to analyze and value the fundamentals of WEB3 projects, we will undoubtedly see a strong capitulation in Cardano. This, along with greater network adoption and industry relevance, could significantly impact its price.
ADM: What is, and what are your thoughts on, the Chang Hard Fork?
Bejarano: It is undoubtedly one of the most important events and developments in the entire industry. It establishes Cardano as the only blockchain with such governance characteristics, which are fundamental for true decentralization.
ADM: Can you explain how Cardano's unique layered architecture contributes to its scalability and security?
Bejarano: This is a very technical question that I prefer to leave to more technical profiles, such as our CTO.
ADM: What are some of the most significant partnerships or projects built on Cardano that you believe highlight its potential?
Bejarano: There are several. Notably, you can explore World Mobile Token, which has collaborations with StarLink, or newer projects like Dedium, which has a partnership with Huawei.
ADM: How do you see Cardano evolving over the next five to ten years?
Bejarano: In ten years, I see Cardano as one of the most relevant blockchains in the entire industry, without a doubt.
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