Blockchain technology is rapidly transforming industries worldwide, with the global blockchain market expected to reach $104.19 billion by 2028, according to a report by Fortune Business Insight. However, the speculative framework around blockchain is still hindering its progress. To evade this, NvirWorld, a blockchain company, is making efforts in popularizing the technology and instilling trust by removing the bias of speculation.
On April 27, NvirWorld was introduced on CNN as a company that recently signed an official contract with the global NGO World Vision to promote the “Global Blockchain Donation Project”.
NvirWorld’s Charitable Donation Campaign and Sustainable Donation Project
NvirWorld has been known for its blockchain-based charitable donation campaign and has recently partnered with World Vision to launch a sustainable donation project through its newly launched hybrid decentralized exchange, INNODEX. Sponsors can donate in Ethereum and Solana without being restricted by borders, making it easier for World Vision’s 10 million supporters worldwide to donate cryptocurrency with just an email. This service lowers the entry barriers to DeFi and provides a natural opportunity for World Vision’s existing supporters without any blockchain experience to encounter blockchain.
Revolutionizing the Decentralized Exchange with Innovative Services
INNODEX has a two-factor authentication mechanism that allows assets to be stored more safely, and it solves network fees (gas fees) incurred during trading on DEX. INNODEX also launched a service that automatically issues Ethereum and Solana wallets when an email in use is linked to the exchange, even if the user does not have a cryptocurrency wallet. NvirWorld is also known as the ‘next-generation Ethereum’ through a technical capability and a mechanism where its own generated token (NVIR) is burned by mainnet network transaction fees (gas fees) through various media outlets worldwide.
NvirWorld is setting an example by fulfilling its corporate social responsibility (CSR) and being recognized as a model case of blockchain management. The company has been engaged in continuous CSR campaigns, such as donating part of its platform revenue for emergency relief from the recent Turkey-Syria earthquake, creating an international child sponsorship fund for children in Afghanistan and Haiti, and operating a petition campaign for “Myanmar’s Spring” to support democratization in Myanmar, donating a total of $160,935.
The Wider Adoption of Blockchain Technology and NvirWorld’s Role
The adoption of blockchain technology is inevitable, and many blockchain companies such as NvirWorld need to take the lead and fulfill their social responsibilities for it to be correctly established and progress throughout the industry. The recent passage of the world’s first virtual asset regulation bill by the EU Parliament and the preparation of measures to regulate or activate the virtual asset market by countries worldwide signal the acceptance of blockchain technology into the regulatory system. In conclusion, NvirWorld’s efforts to popularize blockchain and fulfill its CSR highlight the importance of removing the bias of speculation and instilling trust in the technology. By doing so, NvirWorld is setting an example for other blockchain companies to follow and paving the way for the wider adoption of blockchain technology.
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