There is a need to improve the world’s systems and processes for a variety of reasons—better efficiency, lesser costs, minimal criminal activities and higher revenues, to name a few.
Much like how the Internet made everything possible to be online, so will blockchain technology make everything be on-chain in the near future.
With a solid foundation, an unlimited number of use cases can be built on it—making it ideal for any type of application that will serve all kinds of industries.
Blocks continue to be scaled to hold bigger data, and this is what other blockchains like Bitcoin Core do not have.
But finally we found that BSV can resolve all the issues we have – reliability, security, scalability and regulatory compliance,” Jay Lee, CEO of ONEStore, the second-largest mobile app store in South Korea, said.
And because the ultimate goal of the BSV network is its global adoption, it is but common-sensical to follow laws and regulations in order for the technology to be widely used.