THE FINANCIAL REVOLUTION: A RACE TOWARD THE FUTURE

There are 4 central foundations in which humanity is based on. Finances, education, Society and Biology. Therefore, new financial mechanisms were generated and progress was summoned to enhanced individual, social and global levels. 

Over the last Century, one of the most important financial revolutions was the creation of the stock market. It allowed massive and simultaneous commercialization of bonds and shares in different markets, increasing fundraising and the development of commercial strategies which ended up into new ways to do business.

The world as we know it wouldn′t exist without the Stock Market for two reasons. Firstly, largest trading companies were financed through this global innovative mechanism, boosting manufacturing, worldwide marketing and improving technological advances we use day in day out. Secondly world main commodities - those determining the Gross Domestic Product in a country - are subject to fluctuations in the Stock Market, then the whole global economy is affected. 

Less than a decade ago, the foundation for a new financial revolution was created. This is: Blockchain technology. 

How can the impact of this new financial revolution be measured today?

Finance is an indicator to measure the general interest in the world. The charts below indicate the website traffic of popular banks in United States over the last months.

SOURCE ALEXA RANK

Banks are showing a decreasing traffic in their website, and the conclusion is quite simple: people are losing interest in the outdated banking model and they are embracing Blockchain technology.

On the other hand, we have the website traffic of the Cryptocurrencies Exchanges

SOURCE ALEXA RANK

There are two interesting facts we can bring up to light:

Firstly, before the financial crisis, over 100 banks set up shop each year, on average, according to data form the Federal Deposit Insurance Corporation, the agency that approves new banks. There′s also been a sharp slowdown in the number of new branches that existing banks are opening.

Secondly, Cryptocurrencies Exchanges had pop up over the last years, getting bigger and attracting more and more customers, backers and investment.

The banking era is clearly in its dawn, and a raising Blockchain System is involving financial interest around the globe.

Cryptocurrencies increasing usage measures the impact of blockchain technology. Since the creation of the first platform developed under the blockchain technology in 2010, 800 Cryptocurrencies have been created approximately and more than 200 Cryptocurrency Exchanges.

Advantages of the Blockchain Technology 

1. Liquidity Speed

 Transfer between banks can last up to 48 hours. Internationally this may increase. If we project global daily business transactions, countless man-hours are being lost as resources and liquidity are on hold, slowing down economic progress in a globalized world. 

Blockchain on the other hand, moves economy at a globalized higher speed, allowing us to make transfers in a fraction of the time without third parties, facilitating corporate management and accelerating global business.

2. Democratizing Financial Services 

In this Blockchain system everyone can access financial mechanism for raising capital or just for investment. 

As investment we can say that, at the moment I wrote this article, more than 100 Billion dollars have been raised and distributed along the coin holders. 

As a fundraising, projects have applied blockchain technology to industries as diverse as gaming, supercomputing, venture capital, and content distribution– and to raise funds, they sold a cryptographic token that plays some part in their technology or business model. We call this: Initial Coin Offers (ICO).

This method of fundraising affords founders minimal friction in raising capital, and 2016 has seen many such sales.

In Collaboration with: https://www.dhirubhai.net/in/jokicsasa/ and https://www.dhirubhai.net/in/carlosariasreggeti/

PD: My website is https://www.mercury.cash/