There’s no denying it – blockchain is going to change the world as we know it.
In fact… it already has.
Over the past 10 years, blockchain technology has given birth to cryptocurrencies like Bitcoin, Ethereum, and even Doge, which have taken the finance world by storm, and currently have a market cap of 1.4 trillion USD.
But while cryptos are the reason that most people are familiar with blockchain technology, the truth is that the technology is so much more.
This technology is completely revolutionizing the way we interact in the digital world.
In fact, we believe that at the end of the day, blockchain will go into the ‘Hall of Fame’ of the greatest human inventions to change the world – right next to the printing press, the internet, and flight.
This article will show you why blockchain is the new tech on the block, why it’s totally upending the traditional banking system, and how you can learn about taking control of your financial future.
Blockchain might seem complicated, but it doesn’t have to be.
Let’s start with the basics.
Blockchain is a system that holds and stores data. That data is then arranged in blocks and chained chronologically to each other.
So block + chain (*does math real fast*) = blockchain!
This revolutionary system has a lot of advantages, but its biggest selling points are security and transparency.
Let’s talk about them.
Why blockchain is INSANELY secure
You know all those times you hear stories about banks and credit card companies getting hacked?
Well, it’s only getting worse.
Did you know that in 2018 alone, there were 1,244 data breaches that exposed the details of over 400 million people!
Simply put, because of its superior technology, this type of stuff doesn’t happen with data that is stored on blockchain.
Blockchain might “only” store numbers and data, and put them in order, but this alone creates numerous use cases, ranging from advanced banking operations including instant account settlements, globally, 365, to following and securing the integrity of a products supply chain – in a much more efficient, secure, and transparent manner than anything we have ever had before.
On blockchain, payments and contracts can be completed more securely because once a contract is signed or a payment made, the proof is stored permanently on the blockchain and is incorruptible. The data cannot be changed at a later date, to skew the information. Bernie Madoff wouldn’t have made it in blockchain, it would have been impossible to add or make false data to trick anyone.
Blockchains can also operate and connect globally in one central database that can work 24/7 and is extremely cost-effective because it eliminates human error or corruption, and uses computer code to do all of the work. Heavy-duty servers work on solving complex mathematical equations to verify data entries to the blockchain using computing power, and never have a sick day or need time off. This means that because there is no one point of control or a central authority, hackers or rogue administrators don’t have their work cut out for them.
All of this is just a techy way of saying blockchain is super secure, and you can bet that conmen will be extinct.
Why blockchain is NEXT LEVEL transparent
Blockchain isn’t only highly secure. It also offers a level of transparency that is completely unprecedented in the digital world.
The technology allows anyone to verify data, and once the data is stored, there is no way to change or corrupt it.
There is also no middleman – the transactions are completely done person to person.
This offers a pretty big contrast to the traditional banking system, where data can be corrupted, is difficult to verify, and middlemen are meddling with your transactions every step of the way. Not to mention there always seems to be a fee for something, doesn’t there?
The transparency that blockchain offers is NEEDED in the financial world and is the reason why traditional banks are absolutely petrified about what’s happening right now.
Speaking of which…
Wait… What About Traditional Banking?
Traditional banking depends on a system that is centralized, meaning it is more vulnerable to hackers and other criminal activities. It does not allow users to verify data – instead, data is managed and controlled by a central authority that may be prone to corruption and is definitely more concerned about their own profits than that of customers.
This is especially problematic in the banking industry, where banks and other financial bodies regulate your data and money. The financial crisis of 2008 was caused by a faulty regulation system that affected, not just the US, but the global economy as well. And it is estimated that the ongoing effects of the financial crisis will cause every American to pay approximately $70,000 during their lifetime.
This is exactly why consumers have lost trust in traditional banking systems and are looking for more transparent and secure methods of banking and investing.
Since cryptocurrencies use blockchain technology, they’re the new go-to for the next generations, especially young investors who are looking to save and make money.
But how do you actually get started investing in cryptocurrency?
hi is a new cryptocurrency platform that allows users to earn free crypto and trade using hi Dollars as its base. All you have to do is download Telegram or WhatsApp and say hi.
hi Makes Crypto Banking Super Simple!
hi is a revolutionary not-for-profit financial platform that works in hi Dollars, and makes digital banking easier than ever before. hi is ideal for anyone looking to get involved in cryptocurrency, and since our company is newer than other cryptocurrency companies, we are able to give higher payouts, ESPECIALLY to the ones who sign up early!
Using hi is as simple as it gets. In fact, you don’t have to download anything to become a member. You can actually use hi in chat messengers such as Telegram and WhatsApp, which makes it feel more fun and less bank-y.
To get started, simply click one of the two links below…
hi for Telegram
hi for WhatsApp
hi for Web App
Then, type in ‘hi’ in the chat box, and a menu will open up. From there, you win free hi Dollars by answering daily questions like ‘Who is your favorite superhero’ or referring friends and family.
As you might be able to tell, we are pretty obsessed with blockchain, which means banking with us will give you greater speed, improved security, and faster transactions – all at a lower cost.
You can try it out for yourself, and it’s totally free!
Let’s get hi together – sign up now to start earning crypto like a boss.