Place/Date: – July 23rd, 2022 at 3:44 pm UTC · 3 min read
Source: Mehracki
As cryptocurrency makes its way into the mainstream, there are an increasing number of real-life applications for the coins. Jason Wu has released a wearable NFT gown with the company DressX, Lovehoney has just launched a virtual store inside Decentraland’s metaverse, and UK court summons have been released as an NFT. As cryptocurrency (and all associated with it) leave the online world and enters our physical space, are we ready? Two coins making a huge physical impact are Binance (BNB) and Mehracki (MKI). Determined to leave the virtual world, these two coins are infiltrating our real lives and making an impact. To read more about Mehracki, follow this link.
What Are the Real-world Applications of Binance?
If you are a verified Binance (BNB) user, you can create your own NFTs through their platform. This enables you to start minting through Binance NFT. Despite popular press implying that NFTs are fairly unnecessary – ‘surely you can just screenshot the image rather than own the rights to it?’ – there is actually a wealth of interesting real-world uses for them.
For example, NFT ledgers can store an individual’s medical records securely and confidentially. As NFT transactions are validated on multiple nodes before being permanently added to the blockchain, every record is guaranteed to be accurate and safe from manipulation. Similarly, NFT ledgers are a secure way to store sensitive medical records. This gives access to professionals without compromising patient confidentiality.
With Binance’s access to minting, swapping, buying, and selling NFTs the wealth of NFT possibilities is at your fingertips. NFTs can be used to ensure that a product is authentic, they can represent academic credentials, and excitingly, integrate into the gaming world.
What Are the Real-world Applications of Mehracki?
Mehracki has cultivated a huge network of partnerships with hospitality outlets and Defi-capable NFTs. Holders are assured of being in control of their finances with Mehracki, as it eliminates the need for foreign exchange and multiple swap fees. Due to these real-world connections, users won’t need to exchange $MKI to pay for many goods and services – we can see that cryptocurrency has entered our everyday lives.
Mainstream companies like KFC and Starbucks have started to accept crypto payments, Starbucks even has a special NFT community who are granted access to special events and products, therefore using NFTs to build a sense of brand community.
Furthermore, football has made its way into the crypto world. Crawley became the first English football club to launch an NFT kit. They are backed by crypto owners WAGMI United who are determined to ‘shake up the status quo’ regarding crypto use. As Cristiano Ronaldo has also signed an NFT deal with crypto, we can see how it’s quickly making its mark on the sports industry.
As a result, Mehracki (MKI) is a coin we can expect to see more of in the future. With its drive for incentivisation and a utilitarian model, Mehracki is a popular user choice. $MKI verifies and authenticates transitions on the ecosystem, allowing for unitary value exchange between customers and hospitality businesses. If you’re looking for a coin to make a real-world impact, Mehracki (MKI) is the coin for you.
To find out more, read here.
Useful Mehracki Token links: Website, Presale, Telegram.
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Source: https://www.coinspeaker.com/real-life-applications-crypto-mehracki-binance-changing-game/