Blockchain.com was launched in the summer of 2011 and has been known as
one of the top block explorers. Many of the oldest players in the
cryptocurrency space remember it to be where their first wallets and
cryptocurrency interactions started and found traction.
Over time, it became the one-stop-shop for checking the market
charts, data on transactions, forum discussions, resources for crypto
developers and lots more. It was said in the Halcyon era in 2013/14 to be the
most visited website on all bitcoin issues, with wallet creation reaching over
a million.
At this time, the firm is regarded as one of the longest
standing and most grounded companies in the cryptosphere investing and keeping
assets for over 25 million subscribers, while also allowing users to do an
analysis of major cryptocurrencies on the platform. Developers are also enabled
to build on the blockchain using the several API services provided by the firm.
Blockchain.com - The Future
One of the angles being explored as blockchain breaks new
frontiers are to offer large scale lending services. Over the years,
institutional operators have had needs to access reliable and high-quality
avenues for liquidity and this is being gradually achieved.
It is important to note that these arrangements are gaining
ground due to the willingness to customize the agreements in ways that favor
calculated risks and stability above revenue. This feature is unavailable with
the usual borrowing agreements.
Security and Verification Systems
There are opportunities to be explored by large corporations and
governments via the blockchain technology. Another major one is the
standardization of identity verification systems that eliminate fragmentation
and duplication. The scalable and secure frameworks provided by the blockchain
platform ensure digital identity systems that require just one means of
validation across the board are available and accessible from a wide range of
places.
The challenges being experienced across the world in the
management of supply chain networks have left loopholes for the exploitation of
workers and irreversible damage to the environment. The blockchain platform is,
however, offering transparency, immutability, and traceability to aid effective
regulation and ensure ethical discharge of responsibilities by all partied
involved.
These opportunities are to be utilized to ensure the United
Nations’ Sustainable Development
Goal Number 12 which is focused on responsible production and consumption is
attained.
Blockchain.com recently entered into a partnership with some
volunteers from the UN Development Program, UN Refugee Agency and World
Economic Forum to examine a wide range of these opportunities.
Exciting Partnership Deals
Another exciting thing blockchain enthusiasts should know is
that blockchain keeps getting into partnerships that ensure its users are kept
educated and up-to-date with the best projects in the community. One of such
partnerships is the one entered into with the Blockstack platform that has
resulted in the incorporation of its native token into the array of Blockchain’s products, as well as
the availability of Web 3 apps that enhance data security and privacy.
As the days unfold, it is important for Blockchain users to keep
up with updated with news on opportunities availed to them by the platform to
enhance data and financial security.
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