Divi - Technology For Connectivity

Discussed in Part 2 of this series, the Fourth Industrial Revolution ushers in an era of financial and political sovereignty by empowering stakeholders, creating sustainable value for all, offering a collaborative ecosystem and opening the possibility for entire communities to improve their place in the global economy by eliminating banking, healthcare, education, broadband and food deserts in minority communities around the world.

But how? What’s the underlying disruption that leads to this future built on accountability, communication and trust?

Connectivity Technologies

The answer lies in connectivity, especially via those technologies that yield improved levels of connectivity without intermediaries or censorship of any kind and that are able to harness, analyse and connect massive datasets for unique use-cases, business models and forms of collaboration.

In this Industrial Revolution our potential for success is fully dependent on our ability to embrace technologies for connectivity - technologies that establish new communities, allow for new forms of money and produce new governance systems simultaneously. Connectivity has become the lifeblood of our economies and societies.

What are some of the tools at our disposal that improve on our ability to achieve financial independence by leading to improved levels of connectivity? Which technologies enable new avenues for global commerce through new levels of interconnectedness?

Blockchain

“Data-reliant services and products are key to progress, and stakeholder engagement and transparency are key to increasing trust.” - Lynn St. Amour, Chair of the UN Internet Governance Forum’s Multistakeholder Advisory Group.

Fortunately, technologies for establishing trust in a trustless environment do already exist. The answer is blockchain. Blockchain, with its special ability to minimize friction, lessen waste, reduce corruption, narrow risk, increase efficiency, enhance transparency, improve accountability and empower users.

Not only are blockchains classified as data-reliant technologies for increased transparency and trust, by definition, they are also used by forward-looking businesses in the offering of services and products. From decentralized currency exchange via mobile app to provably-fair political elections, blockchain is the quintessential industrial disruptor and, of the technologies considered #4IR, best represents Industrial Revolution-level innovation.

Cryptocurrency

While blockchains are important in a wide variety of applications, most consider the game-changing blockchain use-case to be the development of digital, or crypto, currencies. Cryptocurrencies are at the forefront of connectivity technologies - infrastructure built and deployed in the pursuit of inclusion, efficiency, new communications capabilities and distributed, near instantaneous interactions.

Not only have cryptocurrencies emerged as open gateways to new levels of interconnectedness and financial independence, they’ve also supported financial inclusivity in minority communities around the world by improving access to appropriate, affordable and timely financial products and services such as banking, lending, investing and insurance.

In fact, in their 2017 book 'Bitcoin and Beyond: Cryptocurrencies, Blockchains, and Global Governance', Rodima-Taylor and Grimes argued that “remittances through cryptocurrencies and mobile transfers could facilitate a paradigm shift in financial inclusion and locally innovative ecosystems” and that “the digitalization of financial systems, through financial innovation in the form of cryptocurrencies, provides financial inclusiveness to the marginal components of the society.”

What Comes Next?

Well understood is that cryptocurrencies eliminate the need for payments intermediaries, reduce counterparty risk and allow for access to financial systems across emerging markets, but the key breakthrough found in the invention of digital currencies goes far beyond the creation of digital monies. Without any doubt, digital currencies are poised to alter our financial infrastructure in profound ways over the next five years and participants in the financial system should begin actively exploring what role they want to play.

“For the first time in mankind’s history, we are able to create a form of money based purely on the consensus of participants and without imposing any arbitrary leaders or ‘governing bodies’ to run these systems… for the first time ever, we’re able to devise a purely digital form of money while simultaneously removing all the gatekeepers from the system. Now, we have the technology to create organizations run entirely by the users of those organizations.” - Juan Manuel Villaverde, Weiss Ratings.

Divi is what comes next!

Divi, with its focus on crypto made easy, is establishing itself as a point of convergence for mass adoption through connectivity and digital democracy technologies.

Advancement in this era of digital transformation requires bridging investment in technology with investment in people. Divi is doing just this by integrating value with purpose, building an entrepreneurial culture, investing in new value, merging innovation and efficiency, incubating disruptive technologies for faster innovation cycles, and preserving flexibility during disruption with agile, iterative roadmaps.

Join us next time as we begin our exploration of Divi features aimed at inclusivity, such as staking and tiered-masternodes!