Blockhain technology has grown rapidly in a few years, various industries have utilized Blockchain technology, Banking Industry has now applied the technology .. of course many advantages of the technology
Banking industry
The banking industry has already been disrupted by blockchain technology, but there are more drastic changes expected in the future. Banks and other fi nancial institutions are slowly adopting blockchain technology with the aim of leveraging the security features. Additionally, experts believe that blockchain technology can reduce the costs spent on fi nancial intermediaries by almost $20 billion a year. It will also allow banks to give customers a true personal banking option like what most cryptocurrencies off er. An example is that most people who have Bitcoin store it in wallets on their devices so will have full control of their capital.
Cybersecurity
Cybersecurity has always been playing a catch-up game with hackers. Most of the security protocols are created in response to breaches that had already occurred. This was reactionary rather than proactive. However, blockchain technology provides a way to guarantee the security of networks. This is particularly important for fi nancial networks used for remittance and payment processing. This will prevent the numerous security breaches that many payment platforms face each year. It can also prevent similar attacks like the recent DDoS and ransomware attacks across Europe.
Statement of the problem
Despite the apparent importance of blockchain technology, firms are facing a serious problem getting qualifi ed personnel that can work in their firms. Already there is a hiring crunch as many businesses try to find people with the qualifications to work on their blockchain platforms. Already, many professional firms like Deloitte, PwC, and KMPG are trying to get employees who can work in this area of expertise. They have slots for thousands of experts worldwide, but the number of qualifi ed individuals is quite limited.
The Extra Credit Solution
Extra Credit is a platform that seeks to solve the lack of skilled talent in the blockchain industry by providing a platform where students of all ages can start learning about Cryptocurrency. The training offered simply an overview of blockchain technology with in-depth courses that put students on the track to become future blockchain engineers.
EXTRACREDIT TECHNICAL INFORMATION
Token
Our aim is to make BitcoinHomework the leading cryptocurrency learning resource in the world. With a potential audience of billions of people and a strictly limited token supply, demand for Extra Credit “XTRA” Tokens will increase exponentially over time - providing excellent value for ICO investors and Content Contributors who will earn XTRA Tokens via student enrolments in their online courses. Extra Credit will also have varying income earning streams through the platform which include:
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The Extra Credit “XTRA” Token Sale & Specifi cs are as follows:
XTRA Token is an ERC20 Token XTRA ICO will have a fi xed Token Price AND Fixed Token Supply = Fixed Cap on Funds Raised Token Sale Price is fi xed @ $0.10 The number of Tokens issued will be equivalent to the amount of approved currency contributed by the investor and divided by the fi xed Token Sale Price of $0.10
More information :
https://extracredit.io/
http://t.me/ExtraCreditToken
https://extracredit.io/PDF-Files/Extra-Credit-WP.pdf
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