Use of Cryptocurrency
Use of Cryptocurrency

By Ashif P A | La casa de papel | 29 May 2020


Ethical business practices

Cryptocurrency can also be used to encourage ethical business practices. Because blockchain makes it possible to track every transaction with complete transparency, businesses with a record of human rights abuses -- the fishing industry, for instance, -- will (hopefully) take on more ethical business practices.

Wealth management

Wealth management is one of the most exciting ways cryptocurrency can be used. That's why companies such as SwissBorg -- a company that's created its own tokens for investment solutions -- are giving investors some great opportunities to manage their wealth without boundaries or restrictions

De-corrupting charities

Additionally, cryptocurrency can be used to avoid corruption in charitable organizations. Because of its ability to keep companies accountable, blockchain can eliminate many problem occurring with charities, such as fund leaks. That's why the World Food Programme (WFP) is using blockchain to securely distribute cash assistance to the hungry

Education

More and more, schools are accepting cryptocurrencies as a form of payment. According to Futurism.com, universities in Switzerland, Germany, Cyprus and the United States have started to accept Bitcoin as payment. This form of payment will surely grow as this currency becomes more and more popular.

Fund-raising

Many startups are now using cryptocurrencies in order to fund their ideas, services and products. Instead of using traditional VC funding, or using fund-raising websites such as IndieGoGo or Kickstarter, startup leaders are looking to cryptocurrency as a way to raise money for what they need. Because it's easy to track and obtain money this way, it's revolutionizing the entire fund-raising process.

This are some field where crypto can bring changes.


Ashif P A
Ashif P A

I am type of hardworking and smart working guy.


La casa de papel
La casa de papel

Don't get offended by the name. Here in this blog I will share latest news related to crypto world. Also I will share apps and websites that are genuine and I use for my income.

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