What is the Allure of Blockchain (e.g. Why Should we Use it)?

You’ll have heard a lot about blockchain, but have you wondered what is the allure of blockchain? Or why we should use it? Don’t worry; you’re not the first one. Relatively obscure just a few years ago, blockchain has since balloon in popularity, and now you’ll hear people in many different sectors and industries talking about it. There’s a good reason why it’s on everyone’s lips: it can bring a lot of benefits. Some people had recognized the potential of blockchain since the launch of BitCoin back in 2008, but others have been a little slower to catch on. In this blog, we’ll look at a few good reasons to embrace blockchain.

Perhaps the most captivating aspect of blockchain is that it’s decentralized. This pushes towards a fairer system since the power isn’t in the hands of one company or country. Instead of one single (or a handful) of authorities, blockchain works on many different known and unknown networks, spread throughout the world. It’s fairer, more diverse, and less risky. This is the main benefit behind blockchain.

Blockchain also allows for greater transparency, since it allows businesses to verify a person’s identity immediately, and without the need for a third-party company. It’s also extremely secure, and the data can’t be deleted. They can also speed up transactions, without going through multiple other systems first. In short: it’s an efficient financial system that puts the power in the user’s hands, rather than in the hands of a single organization. 

Buy Bitcoin With Your Unbanked Bank Account
Buy Bitcoin and other cryptocurrencies with your crypto friendly bank account from Unbanked. Purchase Bitcoin and other crypto instantly and settle to your crypto wallet.
  Register Now
Ready To Spend Your Bitcoin, Ethereum, Ripple, Litecoin, and Other Cryptocurrencies?
Within minutes you can register for a Unbanked account, add funds, pass KYC, get a virtual card and make purchases anywhere major credit cards are accepted. Register at no cost to you.
  Register Now

Want to know more about the allure of blockchain? Open up an online bank account, deposit your crypto, and start using your BlockCard as soon as your application is complete.

The Latest

Unbanked launches cryptocurrency card program in the UK and other European countries

Unbanked Card Program Available in the UK and Other European Countries

Today we’re announcing some big news – The Unbanked Card program has reached Europe. Residents of the United Kingdom and other European countries can register their interest for a user account, deposit their cryptocurrency and, subject to approval, get a card for spending their digital assets. Unbanked card holders can use 15 different cryptocurrencies to… Read Article

What is Dash Crypto

What is Dash Crypto? Dash Coin Highlight

Bear markets are the best time to invest in stocks and cryptocurrencies. If you have money to invest, you can pick up top-tier cryptocurrencies for bargain prices during a bear market. A digital currency hot on many investors’ radar is Dash, a DeFi cryptocurrency with massive potential. We’ll highlight what Dash is, how it works, and whether it’s… Read Article

How to Value Cryptocurrency

How to Value Cryptocurrency to Know What to Buy

When investing in cryptocurrencies, investors need to vet the projects before they invest. Because the cryptocurrency market is largely unregulated, it is often compared to the Wild West, where you can strike gold and be robbed blind. In 2021, investors lost $2.6 billion in pump-and-dump coins or other junk tokens. To avoid scams, rug pulls, and weaker projects,… Read Article

Why is Cryptocurrency Valuable

Why is Cryptocurrency Valuable? A New Investor Guide

It’s hard to look at any financial website and not see some mention of cryptocurrency. However, with all the hype around cryptocurrency, it’s tough to filter through what’s true and what’s not. One common question is, what are the factors that make cryptocurrency valuable? We put together this investment guide for new investors to explain… Read Article


6.38%

Crypto Rewards
on Spend

You also have access to:

BANK ACCOUNTS
DEBIT CARDS
BUYING, SELLING, & SPENDING CRYPTO


ARE YOU READY TO GET UNBANKED?


Nah, I enjoy high fees...

x