Hi friends, this time I will provide information about a very interesting project for you to know about a new cryptocurrency called EKTA. Before going to the discussion, I think we all agree that blockchain technology still needs efforts to encourage adoption so that it continues to grow and continue to develop in the future. So for that, let's look at the brief review of the EKTA project below.
Introduction
In 2008, the way that the world viewed value was forever transformed by the anonymous forefather of all cryptocurrencies, Satoshi Nakamoto. What began simply as a new standard for digital transfer through Bitcoin has now rapidly expanded to include a myriad of altcoins vying for attention; as well as new concepts such as decentralized finance (DeFi), non-fungible tokens (NFT), and decentralized trading infrastructure. In mainstream media, it’s widely reported that the cryptocurrency space has been on a rocket to the moon, albeit with the volatility that is to be expected when revolutionary technology and disruptive new ways of doing things are unveiled to the world.
However, most current cryptocurrency projects to date have been built to benefit and reward those already in the industry and community. Their aim has generally been to make processes on existing chains faster and more secure, or incur less fees, especially in the DeFi space. For most common folks who aren’t crypto savvy, they’ve been left out of the ecosystem.
Conversely, the transformative power of Ekta is designed to finally merge the physical world with the on-chain blockchain world. Ekta connects traditional industries and businesses, as well as physical assets, onto our blockchain. By doing so, Ekta creates opportunities to decentralize efficient access to capital from the modern world’s providers—including corporations, lenders, and investors. Ekta brings these opportunities to the people who need it most, employees and their families, borrowers, and entrepreneurs, along with making vital real-world assets such as natural capital more accessible through fractional tokenization and non-fungible tokens (NFTs).
Here, we introduce the key founding principles of Ekta. To begin, we will explore the problems and inefficiencies that have existed in the space to date.
Vision
What if there was another way? What if we were able to lessen the poverty gap and help people make better long-term financial choices, enabling them to improve their quality of life and raise their standard of living? What if we were able to build a world where equity and equality is truly attainable? What if we were also able to develop a system that not only protects our natural resources, but also helps us generate sustainable profits from their preservation and care?
With Ekta, we believe that this is not only possible, but absolutely necessary. It has become abundantly clear that the prevalent centralized structure of today’s financial and governing systems is not sustainable; and is in fact a direct cause of the global issues we are faced with.
Ekta’s vision is to create a world where blockchain technology is used to give everyone a chance to live a better life. A new ecosystem is needed, one where people from different backgrounds and socio-economic circumstances can participate freely, without the barriers and inefficiencies introduced by centralized governing bodies.
Ekta’s mission is to bridge the blockchain world with the world we live in, and to create value in both. This is accomplished through various branches of the Ekta ecosystem, which include:
- The tokenization of real-world assets through Ekta Chain and Ekta’s self-developed NFT Marketplace.
- Ekta’s decentralized credit platform that allows all users to participate.
- Physical spaces such as the island chain currently being developed in Indonesia, where physical land and real estate assets will be brought on-chain.
- Ekta’s startup incubator and innovation center open to retail investment.
This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:
Website : https://www.ektaworld.io/
Whitepaper : https://whitepaper.ektaworld.io/
Twitter : https://twitter.com/ekta_io
DisCord : https://discord.gg/YrmaQpemMD
Telegram : https://t.me/ekta_community
Medium : https://medium.com/ekta-io
UserName : Bidadari_surga
Profile BTT : https://bitcointalk.org/index.php?action=profile;u=1011291
BSC Wallet : 0xBd706dD25c38c5502DbB2B254bFA6bbD54b8F8d3
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