Native; empowering crypto communities to realize their power and value in a global economy

eddybless (53)in #originalworks • 6 years ago (edited)

Introduction;

The global economy had since been facing a lot of short comings and down falls which got worse in 2008 with the incident of economic melt down. Study shows that a greater percentage of the propellant of that historic financial crash was due to fiat currency mismanagement, unstable liquidity.

In the midst of that chaos emerged bitcoin, the first ever peer to peer monetary technology which does not rely on government or bank intermediation i.e it does not rely on a centralized source to verify the validity of its transactions.

Satoshi Nakamato the brain behind this great project reasoned that a greater percentage of the cause ofctgus economic downfall was that ledgers, managed by banks and card companies had one point of control and management and these allowed for both internal manipulation and external infestation, so he thought that if there Could be a system where the transaction verification process are decentralized and distributed across many agents, that this would atleast reduce the risk of the scandal if not completely eradicating it and as such promoting a high level of transparency in the system. Since the lunch of this great project, it has witnessed a wide spread of adoption. Yet still the crypto currency has it own pitfalls but atleast being young and promising it has the potential to correct any I'll what so ever.

Now a semi technical user is able to utilize a financial system with equal kr greater degree of functionality, that's d allows wealth to be stored in a smaller ecosystem or local currency analso recognized globally.
Even with this, the one of the major challenges that is faced in the crypto technology is that there is no structure for non technical communities to generate their own currencies, and no mechanism that can effectively value one currency against the other, this is a problem that can equally create an economic crisis but in this regards, a team of well defined personality came together to put heads together to archive a common goal which is to see how they could resolve this pitfall and to the credit of their hard work thy came up with

native

native is a platform which aims at solving the problem of lack of valueing structure as it is a fundamental structure for valueing and operating communities through their own local currencies and a sey of decision making tools. It also provide a yard stick (templet) which suits various types of communities need to ensure that even those with limited economic and technical knowledge can participate in an emerging financial ecosystem.
This platform creates tools and infrastructure which allows any local or digital collective effort who gather around a common interest or mission to create a community.