The best blockchain “doesn’t exist” – Cardano Foundation executive

While many community members enjoy debating what is the ultimate blockchain, a Cardano Foundation executive believes these arguments should stop, as use cases decide which blockchain. Best suited for specific projects.

At the World Token Summit in Dubai, Cointelegraph spoke with Mel McCann, vice president of engineering at the Cardano Foundation. The executive spoke on a variety of topics, including enterprise adoption and the need to stop debating which blockchain is best.

According to McCann, blockchain offers several potential benefits in terms of tracking the history of basically anything. “There are so many different ways that you can use blockchain for proof of origin, for provenance, for all these things,” he said. There are many ways for companies to take advantage of blockchain for various purposes.

However, McCann said this does not mean that enterprises need to completely change their business models to adapt. The executive explained that one of the things he’s interested in is identifying areas that can help enterprises “enhance” what they already have. They said:

“We are not looking to change the business model of the people. What are we looking to do: How can they best improve their business model by leveraging Web3 capabilities?”

The executive also told Cointelegraph how education plays a role in getting enterprises involved in Cardano and Web3. McCann said, “We spend a lot of time on education, like direct education with enterprises, not just on the crowdfunding platform that we’re building.”

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When McCann was asked to compare the advantages and disadvantages of different blockchain platforms, he said that there are different use cases for each. The executive also said that there is no such thing as the final blockchain. They said:

“I think one of the things people need to stop asking is, ‘What is the ultimate blockchain?’ You know, ‘what’s the best blockchain for this?’ And, it doesn’t exist in my mind because it really depends.

McCann argued that only the person building the business can assess which blockchain would be the best fit for their business. The executive argued that there are different benefits of using different blockchains. “I would never turn around and say yes, it is a one-stop shop. It doesn’t work that way,” he explained.

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