Cardano is a third generation decentralized blockchain based system powered by the ADA coin that aims to improve the cryptocurrencies that came before it such as Bitcoin and Etherium. Cardano aims to improve on the scalability issues with Bitcoin. It is also similar to Ethereum as a smart contract platform that can be used to run decentralized applications but in a much more efficient way. Often regarded as the original smart contract platform, Ethereum has broken ground and developed remarkable potential that can be achieved using blockchain technology across different industries using smart applications. However, there are still hurdles that need to be overcome such as scalability, interoperability, transaction speed and sustainability. This is where Cardano comes in it to solve these pre-existing limitations of second generation smart contractor platforms. Whether Cardano can achieve these goals remains to be seen, but it is often regarded as taking the best features from Bitcoin's decentralized payment system and Ethereum’s  smart contract platform and support for decentralized applications.