InterValue is the world’s practical solution to blockchain and its adoption by the greater market. Decentralization has clear-cut benefits over centralized structures and would sit well with the targeted technological feature that is planned and currently ongoing in many economic sectors. Applications are not only built for personal services but also for the industrial sector where the ripple effect of their impact translates to products of higher quality, efficient provision of services and in some cases even a drop in prices of both products and services. Decentralized applications make this even better as they are based on blockchain protocols and are structured in such a way that even frictional costs are reduced to bare minimum and in some cases even completely eliminated.

The entrance of InterValue into the blockchain space is to solve some of the underlying issues in this technological space. There is a high expectation for decentralization to solve a number of global issues especially in the financial sector but it hasn’t yet lived up to its expectations. There are limiting factors especially in the global scale acceptance and adoption of blockchain and its supporting technologies. Some are yet to accept that virtual money is the futuristic lifestyle that we are heading to and that they may be among the best investment options currently in the market; InterValue’s practical changes attempt to make this technology readily acceptable and easily integrated into the various networks and systems currently in use. It may be the key to starting a global migration from centralized to decentralized platforms.

Blockchain 4.0, Why We Need It

The fourth generation of this world-changing technology is being claimed by a number of projects and companies. However, InterValue’s unique and practical approach makes it the possible leader once its platform gets fully running. With the expectations that some of those in the tech space and the blockchain clique had, it would only be a matter of time before improvements started being made to help serve the greater market that is still under the centralized systems. This includes individuals and institutions, especially institutions as they stand to gain a lot from decentralization.

Financial Institutions

These are a perfect example of where the InterValue platform can be highly utilized to bring about effective changes that will help the financial sector grow in terms of services, products, and the profits made.

Currently, financial services such as transactions attract huge transaction fees which are mostly profits for the companies running them. Many are suffering from the excessive fees that are charged especially for transferring money overseas. Some countries also impose unnecessary taxes on the transactions carried out above a certain limit which ultimately trickles down to a high charge for prices or services that would have otherwise had lower fees. With DApps, such fees and other frictional costs are likely to go down.

The need for intermediaries becomes obsolete when decentralization is at play. This, therefore, leads to a reduction in transaction costs. Transferring virtual money attracts lower fees and is much more effective compared to fiat. InterValue makes this process more efficient and effective as compared to the current standards being experienced in the decentralized sphere. Its platform is equipped in terms of security with the latest in decentralized tech. Its smart contracts have their security enhanced and are diverse serving different developer needs with the same excellent service delivered to users of the protocol.

InterValue’s platform is more of a spine allowing other applications that provide these services to be built on top of it. Developers and creative minds are empowered by InterValue, through its platform, to come up with decentralized financial applications that will run on its platform. InterValue understands the requirement to serve a global market while developers and creatives have the expertise and understanding of the financial services needed by the market. When combined, financial services can be optimized through InterValue and the DApps built on its protocol.

The Entertainment Industry

Similar applications of optimization and efficiency can also be made in the entertainment industry. A lot of counterfeiting is going on in the entertainment industry right from videos to music samples, nothing is usually spared. Court cases have been made on stolen samples that have affected even top-ranked artists. Such can be prevented through decentralization and especially through the use of the InterValue platform.

Part of the way through which counterfeits and copyright infringement is carried out is through ripping of data via streaming services. These services are usually centralized, therefore, no matter how many security improvements are made; these platforms will still be highly flawed. This is not to say that InterValue cannot be breached, but it would definitely take a long time and the perpetrator of the injustice would easily be discovered via InterValue. Furthermore, InterValue’s platform is prepared for the massive numbers that the entertainment industry controls. With one million TPS being its target, it can handle the requests likely to arise when the entertainment industry moves with all its fans to decentralized applications hosted on InterValue.

There is also the factor of the price charged by streaming services for access of this content. InterValue, through the DApps that will be providing these services, will make it cheaper for audiences to access the type of entertainment they want. Artists may directly receive currency from their products through decentralization thereby leading to more sells and profits by eliminating intermediaries who usually result in the prices of these products going up.

Social Administration

A lot of injustices are carried out due to the weaknesses in centralized systems. Identity theft is among the most dangerous of crimes dreaded by those who submit their data to various social systems. For example, sim swapping in some countries like Kenya has led to the loss of hundreds of thousands in US dollars among telecommunication subscribers and a compromise of their data.

InterValue’s platform is technologically equipped to handle the traffic and demand of social systems securely, privately and even anonymously as required. Identity management and authentication DApps can be built on its platform providing much-needed relief to a large portion of the population. Voting can also be carried out through InterValue where voters can be sure of free and fair results due to the immutability of blockchain and the enhanced secure nature of InterValue. Furthermore, it can be done efficiently, at the convenience of the voter and effectively, getting results delivered in record time due to the TPS available that can handle the transaction requests made even by an entire country.

InterValue’s support is not limited to these three sectors alone. Communication, education and the Internet of Things are among the different sectors that can benefit greatly from InterValue’s improved blockchain. Other applications are also likely to arise as technology keeps on improving. InterValue acts as a stepping stone that developers and creatives can utilize to provide the answers the world needs in terms of decentralization.

Bounty Program

InterValue understands the need for creating awareness and the positive impact it could have on their project in the long run. They have already implemented their HashNet consensus mechanism in the latest edition of their platform, InterValue 2.0. Such milestones and others to come to need to be relayed to their potential users whenever they are made in order to create a familiarity with InterValue and make it easier for more people to accept its practicality and usefulness.

Its bounty program is all about creating awareness through various form of content and sharing them in social platforms as these are where a larger percentage of the world’s active online users are. The bounty program is incentivized to attract even more people to participate and help this platform grow. Fifty million INVE tokens will be up for grab during the period between 19th July and 19th August of 2018. The market value of the INVE tokens up for grabs surpasses the US$ 1 million mark! Signing up for the program alone awards a number of INVE tokens to the participant.

There are different categories of participation that attract a certain number of INVE tokens. For example, there is a 10,000 INVE token reward as the maximum for retweeting and forwarding InterValue’s microblog. Such simple tasks can easily earn a lot in INVE tokens. There are also random rewards that are awarded weekly. One hundred participants are selected for the random reward which may be anything between 88 to 8888 INVE tokens. The highest rewards are probably given to content ambassadors as they receive a reward with the ceiling placed at 50,000 INVE tokens for those exemplary content on InterValue.

InterValue’s aim is to have as many people participate in the creation of this new era of blockchain and to have as many people aware of its existence and the change it stands to bring in the technological world and the physical world as well.

The InterValue project is up and running with new hallmarks being reached periodically. There is still some way to go before the platform operates at its full potential. The benefits that may accrue from this protocol are enormous and may be a stepping stone to a greater and more efficient future.

Further Links
Website
Twitter
Telegram

♂️ Hi, my name’s Sal.
If you found this article useful and would like to view my other work please be sure to comment and follow me on✌:
Steemit
Medium
Telegram