With blockchain picking up steam in today’s financial sector, investors who want to capitalize on its popularity can soon do this through Earnity—an up-and-coming crypto marketplace operated by a startup of the same name, according to Earnity Founder/CEO Dan Schatt.
Schatt said Earnity’s key focus is on blockchain’s future, which propelled the company to offer a marketplace where digital asset traders can learn the latest in blockchain and engage in transactions in 2022. Most of the company’s international financial technology leaders plan to continue to build industry-changing crypto products well into the future due to their strong passion for blockchain, according to Schatt.
One of the core reasons why cryptocurrencies, which operate via today’s blockchain technology, are so popular is because they have the potential to yield more benefits than sovereign currencies can Schatt said. For instance, individuals can use crypto to make contracts without requiring third parties. No extra steps considerably reduces the time required to settle transfers and cut down on the associated fees.
Crypto has also earned praise for being decentralized. According to Schatt, no one entity or person controls these digital assets, so they cannot be taken away or devalued according to a government’s whims. Crypto is also the core focus of Earnity because everybody can get access to it—the philosophy that drives the company’s platform. Because people worldwide have mobile phones and the internet, virtually all individuals can have crypto wallets, even if they cannot access a modern banking system. Crypto-based transactions for everyone is a major win, especially in underdeveloped nations, given the increasing push for globalization today, Schatt said.
In addition to soliciting praise from crypto traders for Earnity so far, Dan Schatt was named a top innovator in 2013 by the leaders of Bank Innovation. The Western Payment Alliance also awarded him in 2011 for his payment system innovation at PayPal. He continues to receive recognition for his successful payment industry leadership nationwide.
