How Blockchain Technology is Helping to Create a More Equitable Society
If you’ve ever dreamt of a world where every individual is treated with fairness, regardless of their background or circumstances, then get ready to dive into the fascinating world of blockchain technology and its potential to reshape our future. Buckle up, because we’re about to explore the intriguing concept of Universal Basic Income (UBI) and how Proof of Humanity (PoH) is at the forefront of this transformative movement. But first, let’s get a grip on what exactly PoH and UBI Token are and how they could revolutionize the way we view identity and money.
Proof of Humanity: The superhero of blockchain applications, PoH, is on a mission to create a roster of real human beings in a world flooded with digital identities. Sybil attacks, where one entity takes over multiple identities, are the villains here. But PoH fights back with an arsenal of ingenious methods. Picture a spider web of trust where users vouch for each other, ensuring only bona fide humans make the cut. And if that’s not enough, PoH throws in reverse Turing tests — tasks that stump machines but not us, like identifying objects in images. If someone’s still causing a ruckus, the PoH community steps in for a vote, making sure the bots are shown the exit door.
The UBI Token: Now, imagine a currency that rains down on everyone, regardless of their social or financial standing. That’s UBI Token for you — a cryptocurrency distributed to all who’ve successfully made it into the PoH roster. It’s like your regular basic income, but in digital form, making sure a little bit of prosperity trickles into every pocket.
It’s worth noting that PoH and UBI Token are pioneers, still striding through their infancy, but their potential is astronomical. Imagine a world where fraud and fake accounts cower in the shadows, where online systems stand as fortresses against impersonation, and transparency is as clear as day. A world where resources flow effortlessly to those who need them most, irrespective of their job titles. A world where social welfare becomes more than just a promise, but a reality.
Written by Pietro Meloni
PhD student in Particle Physics and polyglot, passionate about self-improvement, psychology, mental health, and mindfulness.
