PECULIAR USE CASES OF THE ARWEAVE PLATFORM

in #steemit6 years ago

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Alongside Artificial Intelligence, Robotics, Virtual and Augmented Reality, the blockchain technology is among the core technological advancements that will play a central role in the way our societies are shaped this century and the time ahead. This technology which was first created by the still elusive Satoshi Nakamoto in 2009, has proven to be the most versatile, and resilient human creation, one that can not only seamlessly adapt to existing industries but has a penchant for disrupting and redefining them.

However, despite the immense potentials of the blockchain, a number of crucial problems have slowed down its rise and sometimes even threaten to derail its gains. However, the blockchain scene is one that is among the most vibrant tech universes at present and among the most promising solutions that have so far been created for the industry is ARWEAVE, a standalone blockchain platform that takes the challenges of the industry head-on. ARWEAVE is a radical platform not only for its creation of its own blockchain infrastructure with its unique proof-of-access protocol, it also challenges what are considered norms in the blockchain world such as the totally unnecessary wasteful use of energy by blockchains such as Bitcoin.


On the practical end of things, ARWEAVE is a platform with immense potential for use in various spheres of life and business. Some of its potential use cases include:

  • Governance: ARWEAVE is a platform that has the ability to create absolutely immutable ledger records that no entity on earth has the ability to tamper with. This is a key feature that can come in handy in entrenching the spirit of democracy and in ensuring the will of the people ultimately matters in elections around the world. The ARWEAVE platform can not only be seamlessly used as the base infrastructure for conducting free, fair and absolutely transparent elections, it has the unique ability to ensure that each vote can be effortlessly corelated to a previous one from any other election. Governance is a key aspect of our life as human beings and the ARWEAVE platform is the first blockchain platform that has a proven infrastructure that will eliminate any trust issues that come with elections and removes the rigging power from absolutely everyone.

  • Internet Archives: If there is one human creation that is currently playing the role hieroglyphics played in ancient times in telling the story of civilizations, then it is the internet. From the Tweets of important public personalities like presidents to the news coverage of world shaping events, having a clear record of the internet is as crucial as any historic r=writing in the past times. Though there are internet archives today, most are limited in their scope and are often very prone to doctoring, which violates the very idea, to begin with. ARWEAVE with its groundbreaking blockweave blockchain has the necessary firepower to enable the creation of vastly powerful archives that once created cannot be changed or censored by any entity on earth.

  • Decentralized Cloud Storage: Among the biggest tech sub industries today is that of Cloud Computing. This service in the past one and a half decade has exploded in prominence and now plays a central role in the delivery of Internet-based services and solutions. However, with the imminent dawn of the IoT world with billions of devices coming online and communicating autonomously between themselves, the present cloud computing infrastructures are grossly underequipped to handle the spike in demand. AREWEAVE is among the most scalable blockchain infrastructures with over 5000 transactions per second processing capacity, and coupled with its legendary safety features makes it the ideal platform to power a completely decentralized cloud storage and computing future fitting for the IoT boom.


Much likes the underlying technology that powers it, the possibilities for implementation are endless for ARWEAVE and with its all-inclusive ecosystem that lets developers with all range of skills create apps ARWEAVE is definitely a blockchain platform that is built to have real-impact on real world problems.


MORE INFORMATION? USEFUL LINKS:

Discord: https://discord.gg/R7JGzyX


Author's BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1194610

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This is good investment opportunity for investors

Sure is a good investment. I invested and i have no regrets.

First time I learned about that project from @gwensarah1 and I find it good project for investments :)

Thanks for dropping by. Wanna invest, head over to the website for more info.

Website is attached to the article.

I fell so sorry about missing the chance to participate in this ico :(

Arweave is a project I have so much interest in, it’s great to see we have interest in the same project too.

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