DEFI: Integration with the Real World
This will be my second article where I will just pen my thoughts which will help us realize the real potential of Blockchain Technology through Bitcoin Cash and SmartBCH.
DEFI is powerful on it's own, so powerful that it can topple the elites and the system as long as we keep growing it's influence making it accessible to everyone while simultaneously fostering global adoption of BCH as the global peer to peer currency. However, once we mix DEFI and Blockchain technology with the real world it becomes an unstoppable force of change that no Government nor Army can stop.
First of all, what is this integration that I'm speaking of here? It's not NFT's but NFT's can be used as a tool to make this a reality. It's not even staking and farms, or DEX's; although again all of these can be used as tools in a varied toolbox of being a tech savvy modern change maker and advocate for humanity. See each innovation being brought forth as a potential new tool we can use to modernize and bring about positive change and you'll see where I'm going with this.
I'm speaking about doing all we can do to fully merge Blockchain technology with the real world to make our processes smoother, more transparent and more decentralized in the process.
From Charity to DAO's and Blockchain Voting, Play to Earn Gaming to Decentralized Finance, every bit of everything we're developing and testing now in our small community will be the tools of the future we will use to change the world and every aspect within it, slowly rooting out Corruption in the process.
NFT's can be used to tokenize multiple assets allowing the seamless transfer and verification of them. Cutting out the Middlemen in so many industries will make things more affordable and lower red tape and corruption in the newly streamlined processes. DAO's can in time replace conventional corporations to be more community centered shared profit machines which can unleash our true potential as everyone will have a real stake in their future. Blockchain Voting can make elections decentralized, fair, secure and transparent giving us back hope in Democracy; the blockchain could even eventually make individuals share in the profits of natural resources or the global information / energy system or decide where the government can and cannot use their tax funds introducing this fine concept called government accountability back into society. Privacy will be restored in the process too! Peer to peer transactions powered by Bitcoin Cash can help us bring the world out of poverty, make remittances easy and safe, as they include billions who are currently unbanked into the world economy allowing them to transact with anyone in the world for pennies. Fundraising can be crowd sourced via the blockchain allowing millions of new Entrepreneurs to bring new innovation to the world every year.
One project development team alone cannot handle all of this, but thousands of projects and tens of thousands of developers collaborating with each other can do all of this and more in the span of less than a decade.
Blockchain, Bitcoin Cash and SmartBCH will allow us to unify, collaborate and innovate on an unprecedented scale. I'd have to write a book just to cover the basics of all of the things we can accomplish if we start thinking today on all the ways we can merge DEFI, Blockchain technology and BCH's Peer to Peer transaction ability with the real world.
Who is with me and the Konra Kingdom to slowly see what we can do to merge the real world with blockchain technology and DEFI tools to free the world?
Am with you in this and I think it's would be a great idea for all of us.