Cryptocurrency - Bringing Fintech to it's full potential...

There are a couple of in-system merits of blockchain technology that seem not to be acknowledged in the world today. In a society with businesses expanding as the day goes by, there's then an observed increase in transactions on a daily basis, this means more loads for these centralized networks. The current banking system has overtime, proven to be fraudulent and some (most) times, a very inconvenient medium of transactions. As such, the idea behind Fintech is carried upon by private finance companies like PayPal, ZELLE and many more. However, with these applications comes certain downsides, which includes centralization of funds on top of its possibly flexible systems.

Cash app recently integrated lightning network for bitcoin payments. The funny thing here is; why would anyone choose to transact through cash app which is centralized, but perform these transactions with a decentralized currency? It's so wrong on many levels… Cryptocurrency has already perfected fintech with its peer to peer structure, all you need is a crypto wallet which generates all compatible crypto addresses once seed phrases are created. The idea of embracing these centralized options for transacting is out of place.

That said, when we look at the industry, how layer 2 blockchains are looking to bring endless potentials to base blockchain designs, the quest for compatible systems continues. Every day transactions require a network with user ease, fast transaction speed and highly scalable framework, that is HIVE in real sense. There's currently no decentralized blockchain as fast as Hive in terms of transaction speed, this is something underrated in this space.

With near 0 second transaction time, Hive becomes the best functional layer one solution. Imagine using Hive wallets for everyday transactions, you get shits done in very little time, this is the developments advanced with blockchain technology. Blockchain brings the burden of slow transactions to a stop, takes away third party involvement, and places security at heart in general, so not only has crypto been able to build a framework that brings the idea of fintech to a success, it is an industry that is not only flexible, but one that places full financial ownership and management in one's hands.

With this technology on ground, the phase that looks to take it to the next level is Stablecoins integration. Security doesn't really feel like one when transacting and holding a volatile asset right? Well, crypto still has a fix to that, and that's where Stablecoins play an important role. The world is married to stability when it comes to finances, the best way to build around the fear of volatility was "Stablecoins" and to think crypto has always had a way to cut through the expected downsides of new frameworks, algorithm Stablecoins were born.

When you look at a network as HIVE, fully functional with high transaction speed, sharpened shoulders for scalability, you're then looking for an asset to secure your finances around this space. This is where HBD comes in. With time, when the demand of HBD possibly grows, with bridges built across chains to make it interoperable, we'd witness an unstoppable network handling and sustaining global trade and financial operations. This is pretty possible so long as the right tools are in place, and this includes marketing tools to better present the solution this space brings to the table. HBD stability would be a target to achieve to make it much more favorable, this, coupled with the growing saving incentive is one more attractive integration.

Algorithm Stablecoins are the future of transactions, considering a world vastly operating with blockchain technology, thus crypto dominating the trade system, exchange markets will seek more algo Stablecoins, which not only provides financial security, but dances away from the fiat based economy. This is the beauty of crypto and blockchain technology, and it is really just the fintech workable solution, no third-party, eased transactions, and security, it only gets better with decentralized banking creating room for revenue regeneration…

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