Contest alert//Impact of blockchain at financial inclusion

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Hello friends how are you all doing today I hope all is well and you all are having a nice and wonderful day, today which I will be taking part in a contest organise by @khursheedanwar

In my today's entry I will be sharing with you all about the impact of Blockchain in our financial system, like I have always said cryptocurrency has taken over the financial system as we all know it.

The financial system was invaded and raided by the revolution of cryptocurrency some few years back and when it all started many people looked at it funny and some thought it wouldn't last long, while most people on the other hand thought it was just a new financial scam.

But now as we all know it almost all the system have adopted cryptocurrency as a means of exchange and many countries around the world even have companies that pays their workers with crypto.

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Every single day we keep saying bye bye to our bank notes and welcoming cryptocurrency as the new legal tender

Now when we talk about the impact of Blockchain which comprises of cryptocurrency and NFT it has really impacted the financial system positively and ways beyond imagination some of which are;

• Blockchain helps secure the means of transaction
• Blockchain ensures the privacy 🔏 of each transaction that is being done
• Blockchain serves as a place where people earn a living through staking, trading and investment.
• Blockchain helps in reducing the total demand of fiat token thereby reducing deflation

All this and many more are some of the positive impact that the Blockchain has brought to the financial system that we have today

^{This will be the end of my entry and I will like to invite
@entity01
@ability20
@saintkelvin17}