Cardano (ADA ($0.75)) founder Charles Hoskinson has predicted that the United States will emerge as one of the top adopters of cryptocurrency and blockchain technology in the next five years.
Hoskinson suggested that various aspects of government operations, including voting, purchasing, payments, identification systems and central banking, could soon be integrated with blockchain technology. He believes that once the US takes this step, other nations will follow suit.
“It’s entirely possible that our voting systems, our government procurement systems, our payment systems, our identity systems, and our central bank functions will all have some form of blockchain connectivity within five years,” Hoskinson said.
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Hoskinson also suggested that if the US were to implement blockchain-based systems, interoperability would become important and encourage 20 to 50 other countries to adopt similar frameworks.
The ADA founder recently signaled in his statement that Cardano could work with Ripple and ICP ($7.16), and the ICP founder also expressed his positive view of this collaboration.
*This is not investment advice.
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