Today, the total worth of the digital ecosystem is more than three trillion dollar; since the inception of the internet, its value is increasing day by day. No matters, if we realize it or not, we all are the part of this digital ecosystem and promoting its growth. When we are surrounded by different types of connections to achieve the shared objectives, the formation of digital platform starts. The main objective of the digital ecosystem is to create flexible services that can be customized based on business needs.
Blockchain, cryptocurrencies, machine learning forms the distributed network within the ecosystem of business, which is more secure and intelligent. Modern technology plays an important role in the digital ecosystem, it is built on innovation and learning. Old software, clunky data, and failing connections make implementation of digital ecosystem difficult. Investing in people and technology is key to success while implementing in digital ecosystems.
Cryptocurrencies are one of the main drivers for digital ecosystem built on the blockchain. These are the inevitable future of digital money. Adoption of cryptocurrencies is one of the most critical aspects of the evolution of the global economic system. Both blockchain and cryptocurrencies promote the transparency and performance in general business.
Various organizations are exploiting the opportunities to enhance and improve their business functionalities by removing the wastes in the process. SherCoin is one of such organizations who is disrupting the entire digital ecosystem. SherCoin is a secured utility token, which is a part of SherCoin ecosystem. Users can earn, spend, transfer, and store SherCoin cryptocurrency on SherCoin ecosystem.
From obscurity, cryptocurrency emerged and it attracts the interest of consumers and business. Through Blockchain technology, cryptocurrencies aspire to form a new digital money, where an individual can trust. SherCoin is creating a new petal in the money flower. Moreover, it will also provide an innovative solution to use its cryptocurrency on different platforms through its inbuilt global wallet. With the time, more and more applications will be integrated into SherCoin ecosystem and provide the new solutions to multiple industries.
Elements of SherCoin Ecosystem
SherCoin Global Wallet
SherCoin Global Wallet will be a default wallet for all the applications in the ecosystem. The individual will be able to store his SherCoin cryptocurrency in this wallet and use the mobile application to enter into the crypto market. All applications will be integrated with SherCoin global wallet to encourage consumers to buy, sell and earn SherCoin cryptocurrency. Moreover, the potential of adding the new partners in SGW is very easy, which will increase the scalability of the SherCoin digital ecosystem.
The Verify App
The Verify App provides an innovative and patented solution to identify counterfeit products with the help of Blockchain, RFID and NFC. A mobile application, in IOS and Android, will be available to users to report the counterfeit products. By reporting suspicious products, an individual can earn rewards in SherCoin, which can be used in SherCoin marketplace and exchanging with other cryptocurrencies.
The Survey App
With the help of Survey App, users will be able to earn Shercoin for completing the survey and providing the feedback. Blockchain-based IOS and Android applications will be available to cater to this functionality.
SherCoin Pay
SherCoin cryptocurrency can be redeemed from various channels. SherCoin Pay will allow integrating SherCoin cryptocurrency with the traditional payment gateways and e-commerce websites.
SherCoin Marketplace
Shercoin ecosystem will enable users to buy and sell items with the help of SherCoin cryptocurrency. This will, in turn, reduce the volatility and transaction cost.
To recapitulate, to capitalize on the benefits of the digital ecosystem, innovation in technology is required. Blockchain and Cryptocurrencies are the two main new pillars of the digital ecosystem; these will change the way we work and run the business.