Blockchain technology has cemented its position as the invention of the century, solving problems in different traditional systems through the innovative solutions it proffers. It has also faced much resistance and much criticism from different quarters. These shortcomings provide development opportunities as more blockchain startups take it upon themselves to solve new and existing problems with different degrees of success.
However, one problem remains — the high entry barrier into blockchain networks. It limits the participation of a broad range of users, with a relatively small group of users occupying positions, creating, deploying, and leveraging the best of this technology. The high barrier to entry also keeps many companies, small businesses, VCs, and many classes of professionals from participating in the decentralized economy.
And here is when Forward Protocol comes into play.
Forward Protocol delivers the framework to easily implement blockchain technology into traditional systems through five core smart contracts that cover almost every scenario of the value transfer process. These motivate and reward participation in decentralized ecosystems, helping anyone leverage the blockchain’s best qualities without the traditional problems that limit adoption, such as lack of technical knowledge, financial costs, development and implementation time, scalability issues, data corruption, etc.
As a relatively young industry, blockchain also presents new opportunities for users to expand their careers in a transparent, decentralized peer-to-peer network. No one epitomizes this massive potential better than Forward Protocol, with its versatile solution that is useful for a diverse group of users — both producers and consumers.
An open ecosystem for all
The bitcoin whitepaper that the legendary Satoshi Nakamoto published cited a few documents and referenced their influence in creating the blockchain. They include Dr. W. Scott Stornetta, Stuart Haber, Dave Bayer, among many others. These visionaries were technically not part of the blockchain industry when they wrote the documents that laid the foundation for this revolution. However, the whitepaper was the product of decades of knowledge and expertise in their respective positions, which ultimately influenced the blockchain that we now know.
The blockchain’s present state limits the participation of the average person and the contributions of traditional sector experts. However, Forward Protocol’s version of the blockchain is open, easy-to-use, and rewarding for all classes of participants. Hence, professionals from different industries, companies, content creators and much more can participate in this open, decentralized ecosystem, adding value and improving the existing infrastructure with their suggestions and contributions.
Nothing epitomizes this open invitation better than the contrast between Forward Protocol’s co-founders. Mitch Rankin is a versatile businessman, who has decades of experience working as a business development director in his native South Africa. Among many other business endeavors, he is the co-founder of English Forward, an English learning community, and has recently started contributing to the Forbes Technology Council and Entrepreneur as a writer. On the other hand, Mr. KEY is an education reform enthusiast with years of experience in the blockchain industry. He is a blockchain innovator who also applies elements of the technology in new markets and industries. He is a serial entrepreneur who has 15+ years of marketing experience and has contributed in raising more than $550 million for his clients.
Together these two co-founders have stricken a perfect equilibrium of innovation and traditional know-how, a calibrated balance between vision and technical expertise and Forward Protocol is nothing less than the product of a shared vision between them. Forward Protocol makes it easier for top professionals like Mitch to participate in the blockchain ecosystem and contribute to its development. They can now apply their knowledge and experience to the ecosystem’s growth without dealing with all of its technicalities. It also provides career development opportunities for them.
Forward Protocol extends an open invitation, and it welcomes all comers to join the blockchain and its derivative Web 3.0. Join us, why don’t you?
About Forward Protocol — Forward Protocol uses an easy-to-use WordPress-like model to facilitate a no-code environment that users can use to deploy their blockchain applications without technical knowledge. Forward Protocol has elements of NFT, DeFi, Gamification, AI, ML and Social Tokens inbuilt that connect the value-driven economy. Applications and smart contracts from Forward Protocol can be deployed on any EVM compatible chains in one click. Forward Protocol is cross-chain compatible, industry-agnostic, and adoption-focused, with an ultimate goal to fast-track mass adoption of Blockchain Technology.