Blockchain’s 5 Biggest Contributions to Tech

Creating New Digital Assets

Not only does blockchain open the markets to a new crowd, it also lets investors create new digital assets for clients to trade. Blockchain technology was successful in offering ETFs (Exchange Traded Funds) of real assets such as real estate and gold. This move lowers the concerns regarding liquidity while increasing risk management. Blockchain now also provides ETFs of crypto assets, combined with a propriety authorized engine.

Blockchain further set up a marketplace for video games where anyone can become a stakeholder. Be it a gamer, publisher, or financier, the platform considers the interests of the parties involved in the video game industry. In the Nitro project, companies will receive access to an audience of gamers while performing in a transparent way. The gamers, on the other hand, will benefit from being able to pay with digital coins in all in-game purchases, rewards for engaging with the companies and for being token-holders, and taking part in the development process.

Giving Power to the Users

Blockchain gives its users the control over their personal and shared data, but it is also dependent on them to keep the network up and running. Individuals who participate in the P2P network can be merchants, customers, or miners, and each plays a valuable role in breathing life into the platform. People have more power over what goes on in a community, and more responsible for the health of the platforms that support it.

The blockchain may not be a veteran in the tech industry, but it has proven itself capable of improving fields outside the financial world. From improving remote security to providing users a way to participate in the development of new ideas, this technology’s true value is only now being unlocked.