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Writer's pictureDennis Downs

A Deeper Look Into Blockchain Companies

The Cryptoverse, as I like to call it, is a lot deeper than it's monetary value that so many tend to see it as, in fact, the earliest innovators for blockchain companies weren't too keen on them having monetary value because they knew how big Blockchain technology would become, thus increasing their value which would ultimately overshadow their true purpose, which it has. Don't get me wrong, I love that any one of us could become a millionaire overnight and set ourselves up for life, but I wish there were more coverage on the true meaning behind the dollars and cents. So what is the true meaning? Decentralization. Bitcoin was founded and created because it's mysterious creator could see there was a problem with the banking world, delays, fees, charges....middlemen. He knew that he could improve on these systems by using blockchain and cryptographic technologies, the blockchain to make every transaction transparent to anyone and cryptography to make it more secure than the world had ever seen. These days, decentralization is still the main priority, taking out the control of companies and giving that control to it's users. Imagine a company run by volunteers, no CEO and it's users vote and decide on changes and upgrades to it's systems; where every user holds a value of the company; where every step, decision and transaction is immutably recorded and able to be viewed by anyone at any time and unable to be altered after the fact, removing doubt, conspiracies and corruption....well they already exist in the Cryptoverse and if you own cryptocurrency, you're likely already part of that mission. Smart contracts brought a whole new level of decentralization to the world and it's uses and capabilities are only just being realized and put into action. The Cryptoverse WILL change the world as we know it, but it's a good change, it's a change toward a future for the people, for the many, the change has already begun and if you're here, then you are now a part of that change, just like we are. Embrace it, welcome it, help it grow.

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