Now is a time to think about cryptocurrencies more than ever before. In the last few years, the appeal of cryptocurrencies to people looking for this alternative money has grown exponentially. Bitcoin is one of those terms surrounded by the automatic muzzle, most popular of these modern cryptocurrencies, partially because everyone is so excited about their potential.
And it’s no wonder that the most thrilling cryptocurrencies are. We have the power to alter the world as we are aware because they are decentralized (no banks!), private and electric.
Ironically, the change goes beyond the financial sector: it turns out that there is a wide number of applications of crypto-currency that will shock you many of them. Look at them just now.
Asset management:
Asset management is one of the most exciting ways to use cryptocurrencies. So companies like SwissBorg–a business that has developed its own investment solutions tokens–give investors a great opportunity to control their resources without restrictions or constraints. “SwissBorg is a decentralized environment where you can manage a portfolio of crypto assets, whether you are an individual, a DAO or a financial expert”, the SwissBorg website states.
Digital publishing commitment:
Digital publishers and marketers seek to find ways to make each other more important. Today, traditional banner ads with almost no connection to an
object clearly fail to work with users. SolidOpinion introduces a new form of pay-per-it-your-goods ads to solve the irrelevant issue where advertisers can afford valuable ad space, just above a relevant article consumed on a web platform by an audience member.
The ability to benefit from its trackability is a major crypto-currency. For example, SolidOpinion has developed its own digital monies (bonding tokens), which monitor the commitment and the viral dissemination of information, which provide online advertisers with the necessary information and the opportunity to use it effectively. With ads, this technology makes sense.
Encourages ethical business:
Cryptocurrency can also be used to encourage ethical business practices. Since blockchain enables any transaction to be monitored with complete transparency, companies with human rights violations records–such as the fishing sector–can (hopefully) take more ethical business practices.
Fights with electoral fraud: the potential to combat electoral fraud is another legal use of cryptocurrency. Santiago Siri is the cofounder of Democracy Earth, a non-profit platform for
the integration of voting with innovations from the blockchain. “A blockchain is incorruptible; no one can change or undo the manner in which votes are processed, which is crucial to democracy,” Siri said.
De-corrupting charities:
Cryptocurrency can also be used to combat corporate corruption. Thanks to Blockchain’s ability to hold companies accountable, several issues, including leakage of funds, can be avoided. For this purpose, blockchain is used by the World Food Program (WFP) to securely distribute cash assistance to the hungry.
Education:
Schools gradually allow the payment of cryptocurrencies. Universities in Switzerland, Germany, Cyprus, and the US have begun to accept Bitcoin as payment, according to Futurism.com. This form of payment would surely increase with the popularization of this currency.
Fundraising:
Many startups now use their concepts, services, and products using Cryptocurrencies. The startup leaders are looking for cryptocurrencies as the way they raise money for what they need instead of using conventional VC funding or use fund-raising platforms such as IndieGoGo and Kickstarter.
Going green:
You will be happy to hear that crypto-Monnaie is also available to make the world greener. It is the Brooklyn Microgrid, for instance. By this program, residents without direct access— meaningless carbon-based energy and more solar-based energy-who already have solar panels can sell environmental credits through a smartphone app.
Travel:
As more and more merchants embrace Bitcoin, people will be given a chance to use Bitcoin for a wide number of transactions. It’s only one group for travel transactions.
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