Forward Protocol Progress Report 05/12/2022–18/12/2022
Everyone agrees that blockchain technology is pretty cool, even though it can be difficult to understand or use. Qualities such as trustlessness, automation, transparency, immutability, and irreversibility are some of the biggest attractions for individual and institutional users.
However, like any developing sector, the blockchain space still has some kinks within the system that committed projects like ours are committed to resolving. One of them is the incredibly high barrier to entry. Although users continue to flood into systems running on decentralized ledgers and other blockchain innovations, it is with considerable effort to scale the usability barrier.
Forward Protocol’s commitment to making blockchain adoption simple for users and straightforward for all classes of participants is the motivation behind our project. Our commitment also includes accountability in ensuring our supporters can track our progress and prepare for the next stage of our evolution.
The path to progress is onward and forward, and it is a road that Forward Protocol has stuck to over the last two weeks. So, here you go — the progress update from the last couple of weeks.
Forward Protocol is building the most comprehensive library of customizable smart contracts for blockchain adopters to choose the most suitable solution for their specific needs. We are also creating an ecosystem of innovative blockchain solutions that allow users to access various applications via a user-friendly interface.
The latest additions to our group of collaborators present unique opportunities for protocol users to access innovative DeFi-based solutions.
- Partnering with Acquire.Fi to provide secure and straightforward paths for traditional businesses and investors to enter blockchain-based ecosystems and access unique financial solutions that our collective systems offer.
- Collaborating with PureFi to pool our network and expertise to facilitate seamless transition experiences into decentralized markets for institutional investors.
Our mission has always been to provide an easy-to-use interface to allow users to leverage blockchain technology and its derivative innovations. We continue to explore multiple angles to provide the ultimate adoption solution for users.
Our approach involves novel innovations and traditional collaborative work with blockchain masterminds. Joel King, the founder and CEO of Dapp Play Store, is one of the biggest believers in our vision, and his sentiment about our project makes him one of our favorite people too.
Our gasless transaction feature is one of the reasons that our popularity is at peak levels among industry leaders. We are tipping the scale in favor of the blockchain by removing the traditional barriers to adoption to make the decision to adopt blockchain technology irresistible for all classes of users.
Forward Protocol’s biggest competitive advantage is its industry-leading technology developed on the foundations of simplicity and usability. We are building a drag-and-drop blockchain adoption solution for everyone. In the meantime, we have an update on our technical progress.
We also got very important news that excited us when we listed our Forward app on Magic Square. This announcement brings us closer to achieving our goal of bringing everyone into the blockchain space.
The journey forward continues, and every big news brings us closer to our ultimate goal. You can join our community on social media to interact with other Forwardians and get the latest project updates.
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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 dApps, subnets and blockchains without technical knowledge. Applications and smart contracts from Forward Protocol can be deployed on any EVM & Rust compatible chain 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.