Over the years, increased access to the internet has enabled easy flow and sharing of information. And, similarly, blockchain technology is gradually democratizing the easy exchange of value as more internet users integrate its use into their daily lives and activities.
At Swirge, one of our major goals is to build a social platform that will make it simpler and easier for millions of netizens from around the world to access the numerous benefits of blockchain technology.
The blockchain paved the way to a novel global economic system that far supersedes anything that has been seen before in time. It showed better prospects compared to erstwhile networking technologies, possessing a digital ledger of transactions — where records of value are kept safe — that is well distributed and duplicated across a network of computers. This eradicated the need to depend on records at banks or government offices. However, as much as this technology offered unique advantages, it also opened the door for novel challenges.
One of the major problems faced by the millions of users is the use of long, randomly generated, complex strings of characters as wallet address for accounts created on the blockchain. These wallets are where users store and manage tokenized value. And, owing to their complex nature, it is often difficult for users to memorize these strings of code — which is primarily optimized for computers and not humans. Thus, the use of these complex characters poses a challenge to most users. The addresses cannot be easily sent without the use of QR codes or email messages. In extreme cases, users have to carefully copy the details of the address from physical mediums, such as paper, to platforms where they are required. And, serious errors are bound to occur when employing this means. Little mistakes as much as altering or missing a character from the address may result in loss of money to another wallet, which is impossible to reverse.
Now, this brings us to the gamechanger… Human Readable Addresses!!!
Swirge has enabled support for the use of human-readable addresses, or HRAs, to create a safe bypass from the use of these long, complex strings of characters often used by most blockchains as a means to identify users of the network and their addresses on the blockchain. These HRAs are like email addresses or Twitter handles, which appear with a simple @name designation. Hence, it is easier to remember and share your wallet address, as well as your crypto identity, even in daily conversations. This reduces the complexities that come with understanding and utilizing blockchain technology. At least, users can now easily send or receive tokenized value using their casual names or that of their friends and family members.
With this amazing feature, Swirge is simplifying the use of blockchain technology among millions of internet users. More importantly, users are given an equal chance to participate and contribute to the global economy without passing through the numerous security protocols that demand inaccessible documents before the money is accessed or used. This functionality now available on Swirge will give everyone an equal stake in global finance, opening up finance to the entire world — which will increase the access and flow of capital.
We are very excited at the prospects of this thrilling all-important feature. Users on Swirge network can now easily access and manage their tokenized value on their wallets using casual and memorable names, which can be easily shared with friends and family members. As much as modern simplified email and domain names created easy access to diverse information on the internet, HRAs will optimize ready access to tokenized value in the crypto space. To enjoy this fascinating feature, join Swirge network today.
About Swirge
Swirge network is the leading decentralized social media platform that provides digital autonomy to every internet user. Our users reserve the absolute right to uncensored freedom of expression, digital identity protection and control over their digital assets. Swirge network is a multi-diversified ecosystem of both crypto and non-crypto enthusiasts who are taking back control of their digital space by leveraging on our platform.
Connect with us today through our social media handles:
Twitter- https://twitter.com/swirgenetwork
Telegram- https://t.me/swirgepay
Instagram- https://instagram.com/swirgeapp?utm_medium=copy_link
Medium- swirgenetwork.medium.com
