Ethereum Is Contributing to make the Internet of Value
Internet these days has become a common need and taking this into considering, it will soon be now entered in another phase. The phase will have entrenched rulers with better power that will be reclaimed by the people and value move freely just like GIFs that you must have seen. For understanding the role of internet at the first place itself, it is very important to first know why it lack in making money. Well, the applications that we use on regular basis for commuting, searching and even shopping are dominated by the companies who don’t have much experience with web and money.
The whole checkout process is separately made in which the individual must pout the same information repeatedly. There are cards that are issued in certain country which fail to work on local sites of the other countries. Besides some must even wait for a long time and just to see in the end that transaction has failed. This can be annoying and which is why the new concept has come. As per the founder of Defiant, Camila Russo who has the content platform is now focusing on crypto asset rating the finance who is also a Coindesk and ICO bitcoin speaker. She added that internet is highly ruled by monopolies revolving around innovation-stifling because of which there is no value to it.
Companies who are on the top of the internet working are left with no option but to create a for-profit corporation. However, plans are now being created to come up with the network which shall design on its own to transfer the value so that new business models can come up. The focus will be more on excepting the value from the users. This eventually would only result to receiving the quality goods and services with rating of crypto and a good scope for the stifling innovation.
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