Solving Real World Problems With Cryptocurrency :A Case Study Of Authorship

We are in the Age of Cryptocurrency and this age is bringing us a lot of things which we never knew was possible

In recent years they have been a lot of increase of the number of people trading cryptocurrencies, everyone wants to get a piece of the Blockchain Pie.

The number of people trading cryptocurrency is rising faster than the price of bitcoin and the cryptocurrency market is one that will bring you huge profits if you have a good knowledge of trading.

But is that what cryptocurrency should all be about, trading for profit.

I believe that we have not scratched the surface of what the blockchain has to offer.

One of the greatest strenghts of the blockchain is decentralization, which in the layman's transalation means everyone has a chance. There is no central authority this is the Major reasons why government of countries and Banks and other sectors set to be disrupted hates anything the blockchain has to offer

It was built to be control proof and put power in the hands of everyone.

So when it comes to this new digital money, our priority should be how to use it to profer solutions to the problems being faced in the society.

I believe the real value of cryptocurrency is not gotten by trading for profit but the real value comes from using it to provide a good or service that will benefit the society at large.

We have all seen Billionaires like Bill Gates and Warren Buffet give huge sums of money away to charity.

Having money without a purpose makes you feel empty.

There are some current developments in the crypto world that is toeing the line of bringing value back to everyone who are actively involved in a particular community.

A recent example is authorship.

Authorship goal is to make the internet more free and accesible to authors and readers.

It is backed by ATS which is an ethereum token, the developers aim is to create a platform for Authors Publishers and translators.

Now they have been a lot of complains over the years about the unjust polices of publishers, and the criteria for publishing a work has slid towards money making.

Authorship aims at giving authors a voice and making sure that they get real value for their work, now that sounds like a platform with real purpose and value.

But Authorship does not only focus on writers, the platform enables publishers from all over the world have an equal chance at publishing a work

Over the years the publishing industry have been plagued with problems ranging from increased cost of publishing to decreasing shelf space and the smaller publishing firms find it difficult to compete with the big guys in the industries.

Authorship is giving every publisher around the world a fair chance at competing with other publishing houses.

Translators are not also left out as they too have an opportunity to translate books of their choice and let they earn something anytime it sells.

This is a great example of what e-bay did, they democratized commerce and gave everyone who had something to sell an equal chance on the platform

And Authorship is bringing this amazing curve in the cryptocurrency innovation to solve all the problems the content publishing industry face.

Creating another coin or token that solves no real problem would not be beneficial to the community at large, developers who want to create a new cryptocurrency should find ways by which it can be used to solve the problems being faced by people in the society.

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