Cardano CEO: Predicts what the next generation of blockchain projects will focus on

Charles Hoskinson, founder and CEO of Cardano (ADA), gave a keynote speech at Blockchain Rio 2024, where he talked about the future of blockchain projects.

Hoskinson began his speech with a funny reference to getting rid of his famous beard, and stressed the importance of remembering youth and energy before delving into his topic.

In his speech, Hoskinson emphasized that identity, privacy and interoperability will be the cornerstones of the next generation of blockchain networks, pointing to the Midnight network as a model for this vision.

He expressed his hope to see widespread adoption of this new approach in the field of blockchain.

With the third generation of cryptocurrencies, innovations were not limited to programming only, but expanded to include blockchain technology and interoperability, which led to the emergence of governance and the need for identity on the network.

Hoskinson confirmed that the fourth generation of blockchain will be the final stage in the blockchain industry, anticipating the entry into the blockchain space of $16 trillion.