Thread by @UtilityTheory

Everyone knows the term cryptocurrency

But few understand what blockchain technology is and how it's revolutionizing industries across the globe

A list of information on why you should research blockchain technology

--Thread--

1. Blockchain is the underlying technology that cryptocurrencies are built upon.⛓

Yes, it's more than a digital currency.

Blockchain / DLT (distributed ledger technology) provides an immutable, digital ledger that is always updating with transactions happening in real-time. 📖

2. What are the benefits of using Blockchain or DLT?🤔

Check out the pictures below to see how DLT technology will revolutionize industries. 👇

Shout out to @MikeQuindazzi for his awesome benefits infographic

#blockchain #DLT #innovation #financial #cryptocurrency #education

@MikeQuindazzi 3. What are some industries that will be revolutionized by DLT?⛓

•Digitalized securities and derivatives (no fee swaps)
•Supply chain shipping and tracking
•Healthcare and medical records
•Cross border remittances
•Decentralized voting
•Trade Finance
+Many more
#DLT 🌎

@MikeQuindazzi 4. What are the technologies powering the 4th industrial revolution?💡

These industries are important to follow. 👀

Why? Because their adoption rate is growing at an exponential rate, faster than the internet. 📈

See the infographics below👇

@MikeQuindazzi 5. If you still don't believe me this revolution is happening while the mainstream media stays silent.

Let me show you a document from SBI holding in Japan & The World Economic Forum 🌐

SBI -"Growth Industries"
WEF - Industry Innovation and Infrastructure with Blockchain📈

@MikeQuindazzi 6. Now you know Blockchain is a separate industry compared to just "Cryptocurrencies"

The Lifecycle of a Blockchain Transaction (Infographic)👇

Cost of a TXN on different blockchains:

$DAG - 0.00
$ALGO - $.001
$XRP - $.00001
$XDC - $.000001
$BTC - $10- $30+
$ETH - $30 - $150+

@MikeQuindazzi 7. The original blockchain networks $BTC & $ETH waste massive amounts of energy.

But don't let that make your judgement on the whole Blockchain market.

There are many blockchain networks that are carbon-neutral.🔋
Which do not run on the concept of "Energy-intensive Mining"⚡

@MikeQuindazzi 8. If you are a person whos waiting for the mainstream media to tell you to invest in blockchain.

Well, you are gonna be entering at the peak of the market when it's time to sell.

The time to get involved is before the public adoption phase.

Do the opposite of mainstream media

@MikeQuindazzi 9. A transformation like this only happens once every couple of decades.⏰

We are witnessing the digitalization of many global systems using blockchain technology.⛓

This is your wake-up call to start researching how you can participate in the DLT revolution.💰

@MikeQuindazzi 10. If you are wondering where to start researching check out some of the content I created below👇

How to safely store digital assets and an overview of a safe crypto/blockchain transaction.

#Blockchain #DLT #basics #education #learning #4IR

@MikeQuindazzi 11. If you are going to own crypto make sure you buy a cold storage wallet to safely store your funds.

Feel free to use my @DCENTwallets discount links to save some💰

Save $50 USD on 1 D'Cent Wallet:
rb.gy/1gg74k

Save $129 USD on a 2 Pack:
store.dcentwallet.com/products/biome…

@MikeQuindazzi @DCENTwallets 12. Here is a list of some of my favourite Utility Blockchain Networks. ⛓

You should dedicate some hours to researching some of these projects.⏰

When the mass public adoption phase comes some of these projects 50-100X.📈

#investing #fintech #DLT

https://twitter.com/UtilityTheory/status/1481986035026333700

@MikeQuindazzi @DCENTwallets 13. Don't fall for the shitcoin hype and pump and dumps.

If your investing make sure the majority of your money is in networks that have regulated partnerships or working with traditional finance in some way.

$XDC is a good regulated example:

https://twitter.com/UtilityTheory/status/1440880428085243904?s=20&t=3lnyU3MT3y7HZ-HdFmJkUA

@MikeQuindazzi @DCENTwallets 14. A deep dive video on the basics of the $XDC Network.

$XDC #XDC #TFD_Initiative #DNI_Initiative #MLETR #Tradefi #Fintech #DLT #Blockchain #Crypto @ITFAworldwide
#tokenized #ecosystems #finance #carbonneutral #ISO20022 #Interoperable

@MikeQuindazzi @DCENTwallets @ITFAworldwide 15. A deep dive video into the XRP Ledger & Partnerships:

#XRP $XRP #XRPCommunity #Blockchain #DLT #Crypto #carbonneutral #ISO20022 #Interoperable #micropayments #IoV #CBDCs #RTGS #Interledger #ILP #finance #fintech

@MikeQuindazzi @DCENTwallets @ITFAworldwide 16. If you found anything helpful RT the first tweet!

I am trying to create educational information around the blockchain revolution to inspire other citizens to research this fast-evolving industry and create a community of citizens interested in utility blockchain networks!🌱

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