Cardano: Ford’s decisive test evaluates its potential in safe storage of legal data

In recent years, blockchain has been all over: car, health, finance. From now on, he will try to set up in the heart of legal procedures. This time comes the movement from the partnership between Ford, Iagon and Cloud Court, all united to test whether Cardano can become a technological base of decentralized and intelligent legal data. Proof of the concept is running. Call? Combine safety, match and artificial intelligence in the field that still dominate heavy, expensive and fragmented systems.

Ford évalue Cardano to revolution the legal management of society

Blockchain wants to revolutionize everythingFrom health, legal, through energy and mobility. When Fortune Company 50 As Ford decides to explore its use to manage its legal data, it sends a strong message. This connection is done without noise: the mark plays Strictly consulting rolesBut it brings its colossal expertise in compliance with regulations, legal operations and safe storage.

PUSH Proof of concept Gathered by Iagon, a specialist in decentralized storage, and cloud court, publisher for Propu legal instrumentsLsés according to artificial intelligence. The data remains encrypted and stored from the string; On Cardano, only metadata is anchored to ensure viewability. Added to that isAnalysis of legal documents through AI He led to the recognition of deposition, minutes and other sensitive archives.

The aim of this hybrid architecture is to Offer a confidence industry for companies. As Iagon writes in his press release:

This project is the main progress not only for the legal industry but also for the Cardano ecosystem.

Interest is not just technical: to succeed in this test, Cardano, Ada Crypto Transmitter, could become a legal legacy for companies with a high regulatory requirement.

When Ford tests the legal limits of blockchain without your fingers burning

Ford deployed capital or mounted a validator knot. But The company wants to know if blockchain can do better than its current systems. Because today the largest legal teams are falling under the mountains of documents. Among the witnesses of the preparation, the documents to be found, and the versions to be reconciled, each set becomes an operational ruin.

The official offer is clear:

Ford assesses the safety and scalability of a decentralized legal storage.

The company also testsMature of viewability based on blockchain with internal procedures.

It’s also a way for Ford Check that this infrastructure is compatible with standards such as GDPR or HIPAAWithout loss of efficiency. Cardano developers consider this to prove that their network can adapt to regulated sectors – far from a simple crypto ecosystem.

This cooperation is not the first for Ford. In 2019 was Associated with IBM and LG Chem to draw cobalt used in its batteries via blockchain. Today it returns to familiar origin, but in another universe: digital justice.

Cardano, Blockchain and Legal Intelligence: towards wider adoption?

This test is not just a simple technological exercise. It is LIFE laboratory -deceit Test what blockchain can offer the most conservative sectors.

• 70 % of large legal companies still work with divided systems that are not interoperable;
• Breach of legal data costs more than $ 100 million in the United States in 2023;
• Cardano is already organizing projects in health, education and now law;
• Cloud Court claims that AI is able to shorten the preparation time for the audience by 40 %;

For project players, success could open the door to other sectors: insurance, government, health. Blockchain with transparency and lack of trusted third party offers a viable alternative to expensive and fragile centralized servers.

Cardano developers do not hide their ambitions: ‘ This initiative shows that decentralized infrastructure can meet the requirements of regulated industries ». The message is clear: They want this proof of concept (POC) to serve as a replicable model.

Besides, Ford is not one of those companies that Michael Saylor would like to see Bitcoin enter their cash. Yet, in September 2022, the company filed a number of brands associated with Metarers. It is thanks to this hatch that the manufacturer started web3. The Cardano Law Project today shows another aspect of this transformation. This, more discreet, turns to cases of infrastructure and specific use.

Mikaia A.

Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all the promises that I was there for something

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.