5 significant changes that blockchain will bring to innovative economy this year
Blockchain promises many positive changes that we can already see now. People at Forbes believe that this year, this technology can change innovation area of the economy in at least 5 different aspects.
Blockchain will allow stabilizing cryptocurrency prices
As we all know, cryptocurrency is a very unstable thing, the rate of which is constantly jumping, sometimes showing absolutely inconceivable indicators of growth and decline in a relatively short period of time. It is expected that the Havven blockchain system, currently in development, will be able to minimize this problem.
The mechanism of Havven's operation is simple: there are two tokens, one of which the cryptocurrency owner is using for paying or doing any other operations, while the second is backed up by a part of the assets. Thus, the developers intend to stabilize the rate of electronic money, by creating a suitable for all and most importantly stable payment mechanism.
Blockchain will simplify ICO management
The BlockEx system is something like traditional Internet banking, with the only difference being that similar financial services will not be provided to fiat money, but to cryptocurrencies. With the help of this mechanism, any electronic assets can be managed on the basis of blockchain, be it bitcoins, other cryptocurrencies, securities and so on.
Blockchain will get more advantages over conventional assets
As you know, in order to consolidate ones ownership over something, it is necessary to have a number of securities that confirm this. The Latoex system offers a simple alternative: introducing blockchain to financial markets instead of classic securities. A special online exchange is being created for this, where conducting Internet auctions using electronic assets will be possible. Thus, an increase in the profits of large corporations dealing with real estate is expected.
Blockchain will create a new system of digital services
In reality, this means the Selfllery project. It was launched by a photographer from the CIS. Its essence is in posting photos, videos or any other audiovisual content and getting payed with cryptocurrency. It is expected that this platform will be used by bloggers, corporations, well-known brands and public organizations. And a tenth of all profits from the project will go to charity.
Blockchain will be used for rewarding help
Not so long ago, a popular social network called Mom.life began to use a blockchain platform as a universal tool for rewarding its users. Those registered users who will participate in the project support and development will be rewarded with cryptocurrency. It is expected that soon, this resource will allow making purchases with electronic money.