While often murky regulations suppressed the world of cryptocurrencies to an extent on the outset, it hasn’t stopped multiple industries and countries around the world from embracing the digital currency.
The breakthrough innovation is making considerable leaps and bounds through widespread adoption despite the unknown identity of its creator under the name of Satoshi Nakamoto, who Morgan Creek Digital Assets Co-Founder Anthony Pompliano believes should be a Nobel Prize Prize recipient.
Major conglomerates have already made their entries into the crypto market such as Facebook, Walmart, and JPMorgan, while an increasing number of citizens in inflation-stricken countries like Venezuela have been turning to the digital currency as a viable substitute. Even North Korea has hopped on board the crypto train, with reports revealing that they have already begun laying down the foundation for a new cryptocurrency although the true intentions behind the development remain to be seen.
Not only does crypto have major financial utility, but it has also become a staple for blockchain-based innovations in terms of fundraising, scalability, and convenience for its entire community of users and investors. Through the implementation and integration of various coins and tokens, the potential for its transition into a variety of sectors is unlimited.
Delivering considerable social value across the spectrum
In the world of fashion, it can be a major challenge for new talent to gain the requisite exposure needed to compete among the top names. Divo aims to do just that with a bevy of resources including a comprehensive app and extensive network developed with the primary objective of providing a launchpad for budding young talent.
The platform also includes face recognition technology, which will serve as the backbone of the model database for ease of data access for verification while remaining thoroughly secured. Divo’s unique features complement each other ideally to create a sustainable and legitimate client-business funnel to rapidly transform the fashion industry through mass digitization.
Guides and reviews are plagued with intentionally misleading and fraudulent information, and blockchain is proving its mettle in combatting this major issue. A project called Navibration provides the blockchain infrastructure to do just this through a core vibration-powered navigation system along with comprehensive audio tour guides to make traveling more convenient than ever before.
Along with the tour guide resources, Navibration also has several wearables down the pipe including a watch as well as a walking stick aimed at assisting those with physical disabilities and providing them with a level of convenience and safety not seen before on the market.
With decentralization continuing to disrupt industries in dire need of improved efficiency and renovation, blockchain entrepreneurs continue to deliver solutions aimed at helping new ecosystems thrive while infusing existing ones with invaluable array of benefits.