The Cardano Foundation is on track to play a frontline role in crime fighting in the Middle East as the body has entered into a strategic partnership with the Dubai Police for its tailored blockchain solutions.
Cardano Foundation and Role In Dubai’s Crime-Fighting
According to the update shared on X by Chris O, the Founder of the Cardano GhostFund DAO, Cardano is on track to provide security to the United Arab Emirates’ criminal investigation engagements.
At the recently concluded World Police Summit held in Dubai, the Police presented a Cardano-based pilot project with data management capabilities. As revealed, the project demonstrated “how sensitive data from criminal investigations can be shared securely with authorities such as Interpol.”
#Cardano fam, massive real world adoption update by @Cardano_CF!
One of the wealthiest nations in the world, UAE is employing @Cardano to secure its Criminal investigations!
The Dubai Police presented at the World Police Summit in Dubai a Cardano based pilot project. The… pic.twitter.com/zjzXOJZCcM
— Chris O (@TheOCcryptobro) March 10, 2024
For advanced crime-fighting, data management is a key to success. Should the data generated be tampered with, this can jeopardize the move to achieving justice. This is where the Cardano Foundation and its supported startup come in. The scenario painted feature scans of bullets in concrete that were captured by an advanced scanner were distributed to global partners through the Cardano blockchain.
Drawing on the known blockchain capabilities, Cardano helped to secure the data so that it was not tampered with. Additionally, the Cardano Foundation’s protocol helped participants the data was shared with to track the details without causing a change in the integrity of the data.
While the embrace of tokenization in the industry is growing, Cardano is exploring different use cases to stay on top of the pile. Over the past year, the Cardano Foundation has made strategic moves to sustain its ecosystem strength by supporting a number of innovative projects.
The outfit sponsored as many as 300 projects in its Project Catalyst Fund 11. This new cohort of projects brings diverse innovations that complement those of Fund 10 which ended in September 2023.
The Cardano Difference
Cardano is on an evolutionary course with its price showcasing an impressive growth trend. At the time of writing, ADA is priced at $0.7214 amid a 33.5% jump in the past month. Having solidified its year-to-date (YTD) growth with a 19.80% jump, Cardano is expecting a number of new innovations that might bolster its demand in the near future.
With the heated competition in the Web3 ecosystem, Cardano is deepening its development of its latest innovation Midnight Protocol, and other legacy scaling tools like Hydra Head. Charles Hoskinson, the founder of the Cardano protocol has reiterated how open he is to broader industry collaboration, it positions the Proof-of-Stake (PoS) in a good position to explore more than the collaboration with The Dubai Police.
The post How Cardano Foundation Plans To Join Dubai In Crime Fighting appeared first on CoinGape.
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