The Internet became an important part of our daily lives and it is connecting not only people and businesses but also objects and machines. Cryptocurrencies are likely to become a very important piece of this puzzle in the future.
The team behind WebDollar has been working very hard writing an original code for the whole network. With it, it is possible to run an independent and powerful blockchain with different capabilities. They are working so as to offer a simple user experience to handle cryptocurrencies. The goal, they say, is to have a native asset for the World Wide Web enhancing the entire ecosystem.
WebDollar – An Original Cryptocurrency to Solve the Problems of the Future is what this cryptocurrency is called in an article which explains, for those who want to learn more, what WebDollar is, what it’s aiming to improve, and which are the main characteristics of this cryptocurrency.
The ongoing astonishing technological progress promises now more than ever to bring us closer to utopia, yet during the COVID-19 virus outbreak unseen challenges have surfaced. The pandemic has managed in only a few months to completely destabilize the world’s economy, and put jobs and lives at risk.
During the last decade we’ve seen a new kind of currency evolve, with the Bitcoin cryptocurrency having emerged at the right time to “save the world”. But Bitcoin, even though it remains the largest cryptocurrency in the market, has not been able to establish itself as the native currency to the internet and that is exactly what the WebDollar cryptocurrency hopes to achieve.
In a world where most people are forced to stay inside and live their lives from the safety of their homes, digital payments have gone up as consumers are increasingly ready to embrace digital wallets and contactless payments. Contactless and digital payment methods certainly require less physical interaction and are more secure. However, according to one study, credit cards carry more types of bacteria than even coins or cash, while smartphones can be “a haven for germs”.
The full economic consequences of the pandemic on the payments industry overall are still unclear. However, as more and more consumers are likely to turn to online shopping to buy the products they need, the use of cryptocurrencies is bound to increase.
The coronavirus and the drastic measures being taken to contain it are causing change across all industries, yet the Webdollar cryptocurrency demonstrates a stable behavior during these troubling times.
Investment wise Webdollar has our vote.