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Cardano is an open source blockchain-based platform developed by the Cardano Foundation. It is designed to enable businesses and individuals to build and operate secure, decentralized applications and financial services. Cardano is a cryptocurrency, meaning it can be used to store, send, and receive digital funds. It is powered by a native token, ADA, which can be used to pay for goods and services, as well as to trade on cryptocurrency exchanges. The Cardano blockchain is powered by a proof-of-stake algorithm, which is designed to be efficient and secure. The platform also has a built-in smart contract language, allowing users to create and deploy their own smart contracts. Cardano also offers a range of tools to help developers build and deploy applications on the platform. This includes the Cardano SDK, which provides a suite of tools for creating and managing smart contracts. Cardano is focused on providing a secure and scalable blockchain platform for businesses and individuals. The platform is also designed to enable developers to create innovative applications and services that can be used to facilitate transactions and streamline business processes.