In its manifesto, Cardano (ADA-USD) seeks to be the go-to blockchain platform for smart contracts. Unlike its biggest competitor – Ethereum (ETH-USD) – Cardano is scalable. The platform is inspired by academic research coupled with scientific philosophy. This puts Cardano a step further from other smart contracts platforms in existence today.
To make it even more appealing to smart contract developers, Cardano is watched from all corners by dedicated teams; IOHK (Input Output Hong Kong), the Cardano Foundation, and Emurgo. While each of them has unique roles, they all contribute to the well-being of the platform.