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How BloomBeans is Creating the New Financial System
The post How BloomBeans is Creating the New Financial System appeared on BitcoinEthereumNews.com. Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. BloomBeans – the first fully decentralized financial system – is introducing a complete ecosystem for blockchain-based financial products that will be traded on P2P exchanges and decentralized loan markets. The timing of BloomBeans’ launch is significant in the face of an ongoing societal shift from centralization to decentralization – especially in finance. This shift has given birth to DeFi – Decentralized Finance – a burgeoning sector that already boasts hundreds of millions of users. BloomBeans will support these people by building a cohesive financial system that truly utilizes and explores the potential of digital assets. BloomBeans is tapping into 14 years of blockchain developments to create a streamlined version of today’s behemoth financial system, which is now so outdated and riddled with corruption that it has become a wealth-sucking machine from the real economy to the money lenders and warmongering power structures. Current systems expose the average person to wealth extraction, debt slavery, and market manipulation as unfortunate by-products of using a centralized financial system. This issue is particularly prevalent with gold, where there are far more gold ETFs than gold in existence. Fortunately, Bitcoin and the blockchain emerged as solutions that proposed an alternative way forward, yet 15 years after their humble beginnings, we still haven’t sufficiently leveraged their capabilities to surpass the traditional model.BloomBeans heralds the solutions for the new society arriving, a society with sovereign cityzens that manage information and wealth in a decentraliced way, with full ownership and responsibility. Decentralized finance is also democratized finance, the project argues, as it levels the playing field worldwide, opening the…
The post How BloomBeans is Creating the New Financial System appeared on BitcoinEthereumNews.com.
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. BloomBeans – the first fully decentralized financial system – is introducing a complete ecosystem for blockchain-based financial products that will be traded on P2P exchanges and decentralized loan markets. The timing of BloomBeans’ launch is significant in the face of an ongoing societal shift from centralization to decentralization – especially in finance. This shift has given birth to DeFi – Decentralized Finance – a burgeoning sector that already boasts hundreds of millions of users. BloomBeans will support these people by building a cohesive financial system that truly utilizes and explores the potential of digital assets. BloomBeans is tapping into 14 years of blockchain developments to create a streamlined version of today’s behemoth financial system, which is now so outdated and riddled with corruption that it has become a wealth-sucking machine from the real economy to the money lenders and warmongering power structures. Current systems expose the average person to wealth extraction, debt slavery, and market manipulation as unfortunate by-products of using a centralized financial system. This issue is particularly prevalent with gold, where there are far more gold ETFs than gold in existence. Fortunately, Bitcoin and the blockchain emerged as solutions that proposed an alternative way forward, yet 15 years after their humble beginnings, we still haven’t sufficiently leveraged their capabilities to surpass the traditional model.BloomBeans heralds the solutions for the new society arriving, a society with sovereign cityzens that manage information and wealth in a decentraliced way, with full ownership and responsibility. Decentralized finance is also democratized finance, the project argues, as it levels the playing field worldwide, opening the…
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