Cardano is a unique blockchain platform founded and developed based on evidence-based methods and peer-reviewed research. Blockchain technology combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. Since its launch in 2015 by Charles Hokinson (the co-founder of Ethereum), it has evolved to become a major cryptocurrency and the biggest cryptocurrency that prioritizes its proof-of-stake and environmental impact (Cuthbertson, 2021). Furthermore, Cardano has many features that have been considered part of what makes it a good asset.
As part of its evolution to become a leading giant in the blockchain and cryptocurrency market, and in a bid to offer flexibility in the financial market space, ADALend is building scalable and decentralized lending protocols within the Cardano ecosystem, governed by the community. TheADALend protocol aims to power the new wave of flexible financial markets by providing a foundational layer for instant loan approval, automated collateral, trustless custody, and liquidity.