State of Crypto and Blockchain Technology
In today's world very few crypto currencies and blockchain projects have a real world impact. Most of them are just noise design to work like a pyramid scheme to enrich their founders, kols and anyone else who discovered it before the next big buyer or a trending headline.
DeFi is great for the ecosystem as we all know it puts the power to in the hands of retail, it operates 24/7 and it offers great APYs and APRs. While competition is great founders should strive to build something thats not already been built, there is no need to copy and mimic other projects where we already have more than 10 projects doing the very same thing you are building. To advance this great technology to the next level if you have a new usecase try to build on top of whats already there rather than spamming the ecosystem with new blockchain projects doing what the last ones already built but with just one little alteration.
The few
There are crypto currencies and blockchain projects that are advancing the ecosystem, as I said competition is healthy for this market as it keeps it to high standards, so some exist to give a healthy competition and great alternatives.
Bitcoin is king, bitcoin is a great morden store of value and investment tool. We live in a technology advanced world its only fitting to have technology advanced solutions, not systems that were built by our ancestors centuries ago who surely does not understand the world as it is today.
There are others who are building real world solutions just like Bitcoin. They are being built to offer healthy competitions and advance the technology. Some are building cool stuff like DeFi, AI Agents to interact with the Decentralized Finance, Wallets to keep your assets safe, Oracles to feed and Link AI and the technology with a real world data, Real World Assets so they can operate 24/7 and have better security.
Such cryptos who advance the technology are Bitcoin, Ethereum, BNB Chain, Solana, Cronos, Hedera, Chainlink, Stellar, XRP Ledger, NEAR Protocol and others.
ShareRing the Digital Identity Chain
Digital Identity may be one of the most critical missing pieces of puzzle but fortunately the solution is already built, tested and global.
Meet ShareRing the Identity Chain, ShareRing is a decentralized digital identity and utility blockchain built on the Cosmos SDK (often referred to as ShareLedger), designed to provide privacy-first, self-sovereign identity solutions. It enables secure, high-speed, and low-cost verification for industries such as finance, e-commerce, and event ticketing, often using biometrics and NFC for document authentication and Zero Knowledge Proof to deliver private and secure verifications.
ShareRing has been in the picture since 2018 quietly building through bullruns, bear markets and the crypo winter caused by the collapse of Terra and FTX. Proving it is not here for vibes but to advance the technology.
ShareRing solutions has been tested in real world, it went Age Assurance Technology Trials in Australia where they were testing online safety for kids under the age of 16 and it got 100% success rate, where its solutions are accurate unlike other age estimation technology which got less than 100% rate.
It has successfully integrated with the Bank of Anguilla. "ShareRing built a tailored digital KYC solution for NCBAL that addressed both the remote-access challenge and the local document gap. The bank deployed a branded ShareRing Link portal where customers could complete a full KYC update from any device, anywhere in the world."
It has partnered with Cronos and deployed its Digital Identity suites on Cronos blockchain to help Dapps comply with KYC and AML regulations.
ShareRing has Partnered with Barclays and VISA backed SELECTID for the Financial Sector in the UK.
ShareRing is compliant accross many major jurisdictions and always working on more compliance "We are DIATF certified in the UK. We are AUSTRAC AML/CTF compliant in Australia. We are ISO 27001 certified."
ShareRing has offices in multiple countries such as Australia where it is based, Thailand and Vietnam. It has recently partnered with a Thailand based company Transformational and acquired 25% stake to help and grow its presence in the ever growing Thai digital economy, with the most important piece in digital economy which is obviously digital identity.
In summary ShareRing the Identity Chain is a Real World Impact project meant to advance the Blockchain Technology and Ecosystem with the most critical pieces and usecases. ShareRing potential and usecase aren't limited in proving Identity online I just highlighted it because it is the most important and needed in the ecosystem, and it goes beyond web3 it also touches web2 and real life events.
ShareRing has a its own website where you can read more about real world case studies, blogs, tokonomics, roadmap, partnerships and founders.
