🥛A blockchain that's...regulated?!

Venom's regulated blockchain unlocks mass adoption                                                                                                                                                                                                                                                                                                                                                                                                                 May 20, 2023 | [Read Online]( GM. This is the Milk Road, the crypto newsletter tha- ***Milk Man abruptly enters scene and takes over the keyboard*** Sorry folks, no time for an intro today. We’re here to talk about one thing: Mass Adoption. Prices as of 9:30 AM ET. Well, there’s a completely new type of blockchain that is looking to help with that: [Regulated Blockchains.]( *gasp* I know, I know. We don’t like dropping the “R” word either. But here’s the truth: regulation is needed. Having clear laws and guidelines will help unlock mass adoption and make bigger players comfortable to play bigger games. So today, we’re gonna talk about: - Why regulation is the key to unlock mass adoption - Use cases: what regulated blockchains can be used for And we’re teaming up with a friend to make it all happen… [Venom Foundation]( - the world’s first licensed blockchain company by the Abu Dhabi Global Market (ADGM). WHY REGULATION IS KEY TO UNLOCKING MASS ADOPTION The “R” word gets a lot of baseless flak. People think it stifles innovation, is just a way to handcuff projects, blah blah blah But it’s actually good for users! It helps governments & institutions adopt a new bad*ss technology. Regulators that are open to the possibilities of blockchain tech will use it to capitalize on existing assets and will tap into new markets. (Then there are the cool ass regulators like Nate Dogg and Warren G. If you know, you know.) Now let’s talk about the 2 reasons why regulated blockchains will be a thing: 1/ Some use cases need regulation Blockchains have a lot of promises. And the most brilliant engineers, founders, and investors are all trying to figure out ways to implement blockchain technology across different industries. Traditional finance. Real estate. Cross-border trades. Asset tokenizations. You name it. People are trying to put everything on the blockchain. (Except pooping, that’s still not possible.) But here’s the thing: some of those use cases need to work with centralized entities and governments. - Wanna easily buy/sell land using the blockchain instead of filling out 8937298 pages of paperwork? Cool, it’s possible. But there still needs to be some sort of regulation & compliance. - Want big traditional finance players to join the space? Cool, it’s possible. But there still needs to be some sort of regulation & compliance. 2/ It will help people feel “comfortable” joining the space Right now, inviting your friends to the crypto party looks a lot like this… That’s because crypto is a lot like the Wild Wild West - blockchains are full of scammers, hackers, and rugpullers. Some regulation is necessary in order to prevent short-term grifters and reckless scammers from causing havoc. New users will also feel more comfortable using products that have the Regulatory Stamp of Approval. It’s a paradox between having perfectly trustless technology (decentralized) and having technology that is easy to use and has everyday use cases (works with centralized entities). Jon Wu (well-known in the crypto space) puts it best: [tw profile: Jon Wu] Jon Wu @jonwu_ [tw] Replying to @jonwu_ Let's get our heads on straight and really ask ourselves the question of what MUST be decentralized. And--if the answer is "everything," including froggy tokens--let's not be surprised when billions of everyday people elect for more convenient ways to access this technology. May 17, 2023 16 Likes 1 Retweets 1 Replies To summarize: There are still some super important uses cases for decentralization (i.e Bitcoin can still be used to “bank the bankless” and give people ownership of their money.), but there are also use cases for these regulated blockchains. Let’s dive into a few of those… USE CASES FOR REGULATED BLOCKCHAINS 1/ INTERNATIONAL TRADE This involves a lot of activities like buying goods, transporting them across borders, and paying for them. Right now, it’s a complex process that requires coordination between multiple parties, including importers, exporters, banks, and shipping companies. Regulated blockchains could help enable international trade to happen more smoothly and efficiently, reducing risk for parties involved, and providing financing options for businesses that need to buy goods from other countries. 2/ LAND REGISTRY Anything that has to do with registering, buying, or selling land is a pain. You need to fill out endless paperwork and jump through tons of hoops. It looks like a little like this… Regulated blockchains can help fix this. Some other use cases include… - Supply chain management - Decentralized identities - Mortgages - Record keeping - Insurance - And more.. Plus, we’re already seeing some governments around the world start partnering with regulated blockchains to make it all happen. Kenya The government of Kenya recently [partnered]( with [Venom]( to build a “blockchain hub”. The goal? Develop more Web3 apps and blockchain use cases across the country. Companies, founders, and government officials will use the Venom blockchain and existing tools to build solutions around supply chain management, land registry, tokenization of assets, voting systems, and more. TLDR: Regulation is the missing piece of the puzzle that’s been lost under the sofa. And Venom is the only player in the space that’s found it. Want to dive into a Web3 app that's actually regulated? [Join the Venom testnet!]( MILKY MEMES 🤣 Share Milk Road You currently have 0 referrals, only 1 away from receiving The Next 10x Opportunity in Crypto for 2023. [The Next 10x Opportunity in Crypto for 2023]( [Click to Share]( Or copy and paste this link to others: [ HIT THE INBOX OF 250K+ CRYPTO INVESTORS Advertise with the Milk Road to get your brand in front of the Who's Who of crypto. The Roadies are high-income crypto investors who are always looking for their next interesting product or tool. [Get in touch today](. What'd you think of today's edition? - [🥛🥛🥛🥛🥛 F**king great]( - [🥛🥛🥛 Meh, do better]( - [🥛 You didn't bring the heat]( ROADER REVIEW OF THE DAY VITALIK PIC OF THE DAY [tw profile: Milk Road Images] Milk Road Images @MilkRoadImages [tw] me giving a presentation to my parents to convince them to let me sleep over at my buddy's May 20, 2023 0 Likes 0 Retweets 0 Replies DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research. [tw]( [ig]( [yt]( [tk]( [in]( Update your email preferences or unsubscribe [here]( © Milk Road 603 Munger Avenue Suite 100 #1006 Dallas, Texas 75202, United States [[beehiiv logo]Powered by beehiiv](