Around the world, Billions of adults don't have access to the benefits of the emerging Blockchain EconomyPosted by Hassan Burnham on June 6th, 2021 Around the world, Billions of adults don't have access to the benefits of the emerging Blockchain Economy. —not even a basic wallet account or a decentralized ID. For the Billions of Consumers worldwide, access to the burgeoning and booming Blockchain economy is a mystery. Without even a basic understanding of the Blockchain, future economic opportunity is going to be limited for the average net citizen. And it's not just consumers. At the same time, small and medium businesses are hurting for revenue with no real way to extend credit to their customers. This lack of local credit instruments is a unique paradigm as the customer, in the form of the Human Identity, really powers today's global commerce. The Blockchain offers a unique opportunity to create microfinance markets that serve the last mile down to MainStreet. It will provide community savings and credit benefits to everyday people. There is a unique opportunity to reenergize a vigorous economic activity in any market sector: Help Micro-Entrepreneurs start businesses, save for their children's education and health emergencies because they are just as credit-worthy as customers that a traditional marketplace serves. As of yet there is Conspiracy on the blockchain for small and mid cap companies as they usually don't enter into the formal financial sector. When a micro-entrepreneur approaches a financial institution for the first time, it is challenging. While trying to secure a more extensive and cheaper facility to grow a new business, the micro-entrepreneur is treated the same as a customer with zero credit history. This data incompatibility between the micro-entrepreneur and wall street finance keeps vulnerable populations and low-income families trapped in a cycle of poverty. The Blockchain creates a new opportunity to improve upon the state of the world today. CrowdPoint is establishing Exchanges as an entry point for a Protocol that will enable fast, cheap, and secure identity verification for its consumers while enabling micro entrepreneurs to enter into the market. I joined advancedmedicine.exchange because I learned about it from Dr. Buttar.Like it? Share it! More by this author |