Hi there! 👋🏻 Today we will tell you a little bit about the development of the digital currency industry.
🔗 The technology of the distributed registry, and in particular the blockchain network, is the main vector for the development of the 21st century for the entire financial market. Due to the fact that it is a more convenient and universal way of storing information and conducting all types of transactions, which saves huge resources and increases reliability.
🔗 The blockchain has a number of significant advantages compared to existing payment networks and systems, thanks to which this technology could become widespread in many industries, including the financial services industry.
🔗 Cryptocurrency is one of the most common and successful products of using a network organization in the form of blockchain. The ingenious simplicity of cryptocurrency as a technology lies in the fact that by eliminating the need for an intermediary with the blockchain software environment, the infrastructure is self-sufficient, by which any network participants are able to conduct business with each other and all mutual settlements.
🔗 Due to the fact that virtual currency is essentially a product of distributed data registry technology, especially blockchain networks, it takes over all the advantages of this platform that fiat money does not have. Namely, the speed of transactions, the transparency of the system, the security against fraud and fraud, the absence of bank commission for operations.
🔹 DSF blockchain is a modern and unique decentralized social financial network based on blockchain identity. The DSF project consists of a decentralized social network and a decentralized financial platform containing a variety of financial instruments based on the blockchain.
🔹 The DSF blockchain develops different types of smart contracts at multiple core links, including confirmation of social relationships, system mining rewards, based on social relationships, and the use of social relationships by blockchain financial products.
❗️ Before DSF, no one had ever built an e-commerce platform based on social relationships. In DSF, all decentralized financial services will rely on social relationships for design, sales and rewards. Users will not only be able to send goods to each other thanks to our messenger but also be able to become traders themselves, placing their goods and services.
📢 Read more about the unique features of the DSF platform:
https://dsft.io https://i.ibb.co/ysvgKRx/DSF-16-7.png in any case, cryptocurrencies will become a means of payment in the future , but I do not know how many years it will take for this to happen .
but now I see it as an investment for the long term