most important developments in the crypto world: NTFs and smart contracts Crypto has three real-world uses. 1) Secure real-time highly available international settlement system 2) A public provable ownership register (NFTs) 3) A trustless finance system which allows entities to sign into enforcable contracts without ever knowing or trusting each other Currently, NFTs are finding use in the gaming world for representing true ownership of game assets (which can then be sold rented etc). Trustless finance is used in distributed exchanges, creating structured finance products (e.g. leveraged staking), or even implementing game logic (e.g. renting NFTs).
The Future of Finance: Cryptocurrency is poised to reshape the financial landscape by potentially reducing the need for intermediaries, making financial services more inclusive, and fostering innovation. As the technology evolves, it will be fascinating to see how cryptocurrencies continue to disrupt traditional financial systems. #bnbburn
Olga Yaroshevsky was one of the organizers of the AIBC Summit Manila event, and she tells CoinGeek Backstage that the event revealed that Web3 is vibrant in the Philippines, so to the world. #dyor
The value of physical properties ie gold diamonds 💎 is determined by supply and demand, which makes it stressful and and time consuming, while the value of cryptocurrency is determined by technology and innovation #thefuture#cryptocurrency $BTC $ETH $XRP
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You can agree or disagree, Cryptocurrency is like a digital Hercules, capable of enduring any challenge thrown its way and emerging stronger each time.