Class of Solution: Digital Asset Market

Blockforce
3 min readMay 21, 2020

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In the early days of the internet, disruption took place by the ease of sharing information. As technological advances became the main engine behind the world wide web, individuals and corporations began to add intangible assets, in other words, value to the network. Thus, we live in an era where society has the power to share not only information but any kind of asset of value through the network, worldwide.

Nevertheless, today we face major systemic problems, related to the transaction of values, such as the centralization of the traditional economy, the externality of environmental costs, the enormous number of intermediaries involved in processes of value transactions, digital insecurity and centralized and limited value units — such as for example the dollar

Digital Asset Market is a kind of blockchain-based solution that aims to end these problems by providing transactions of any kind of value by making it a digital asset.

What does the solution provide?

Optimizes relationships, whether between two links in the chain or between businesses globally, eliminates intermediaries, enables new peer to peer value economies, considering financial profits and social and environmental impacts.

But what is a Digital Asset?

The definition of a digital asset is “anything that exists in binary data which is self-contained, uniquely identifiable, and has a value or ability to use.” Before technological advances, these assets were associated with images, videos, documents.
However, the advent of blockchain made it possible for the concept of digital assets to encompass much broader things, once the technology allows nearly anything that has value to be tokenized, becoming a digital asset. In this sense, this kind of solution has a disruptive power to bring more efficiency to markets or even to create new ones.

Digital Asset Market External Cases

INKIRI PIRACANGA

The challenge: To empower a remote community, outside of the mainstream tourist destinations in Bahia, Brazil, that didn't have access to many essential resources and didn't have great living conditions.

The solution: The solution was based in two main actions. The first one was providing the community with tools to improve their skills in order to live self-sufficiently. On the other hand, it was providing a blockchain-based solution to put in place a social bank and a local currency.

The result: Since the professionals had the skills necessary to provide products and services that the community needed, it was possible to build self-reliance among the inhabitants. Also they had their own bank, they had enough credit to invest in their businesses and the local currency gave them a real motivation to trust the businesses inside their community.

More info:https://piracanga.com/

PLASTIC BANK

The challenge: Stop ocean plastic, improve the lives of those who help collect it and revolutionize the world’s recycling systems by creating a regenerative, inclusive, and circular plastic economy

The solution: By using a blockchain-based platform, Plastic Bank sets up recycling ecosystems in countries that lack sufficient disposal infrastructure and have high rates of pollution and poverty. Residents in those regions can collect plastic from their environment and bring it to their local Plastic Bank branch in exchange for money, fresh food, clean water, cellular service, cooking oil, or even school tuition for their children — For each kilo of plastic collected, a token unit is generated at Plastic Bank. Collectors are paid a Social Plastic premium in addition to the market plastic value, which ensures a stable, liveable income.

The result: More than 4300 collectors involved, from Haiti, Philippines, Indonesia, and shortly Brazil. The collectors have recovered approximately 10,662,88 kilograms of ocean bound plastic.

More info: https://plasticbank.com/

Digital Asset Market Blockforce Cases

MOEDA SEEDS

The challenge: Establish a virtuous and circular ecosystem of global support for local entrepreneurs. Provide an accessible, traceable, and secure way out methods of global microfinancing to small and sustainable initiatives. Offer integrated and transparent payments split to different actors involved in a production chain, enabling and stimulating the fair revenue distribution of products locally developed.

The solution: Design and offer an ecosystem of selection and investment in projects, of product sales and transparent payments, integrated services of development, composed of different blockchain functionalities and protocols, at scale.

The result:

  • Global accessibility to local investments and purchase of products, in a safe and transparent way.
  • Entrepreneurs with approved projects access to credit and make their products possible.
  • From the entrepreneur’s success, the investor securely receives the return of his investment, with the respective bonuses previously defined.
  • As a result of the financing, the entrepreneurs’ products can be sold at the Market Place, with fair rates that stimulate the small.
  • The entire production chain benefits from transparent methods of payment, stimulating the weakest link in production.

More info: https://blockforce.in/case/moeda?lang=pt

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Blockforce
Blockforce

Written by Blockforce

We believe in the blockchain power to create new collaborative realities as a key to accelerate the exponential positive transformations. https://blockforce.in/

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