Summary of “How crypto and blockchain can empower people through real-world use cases in everyday life” session at Blockchain Thailand Genesis 2022 -

Blockchain Thailand Genesis 2022

“How crypto and blockchain can empower people through real-world use cases in everyday life” presented by Didi Wimonpun Wiboonma, Chief Communications and Marketing Officer of Bitazza

Current challenges

Prior to the arrival of the blockchain, we have seen that a lot of financial products and services are not accessible by all, they’re heavily centralized, and whether that is in terms of transparency and reaching consumer data, that’s been something that blockchain technology has come and actually provided solutions for.

The same goes with the application of the internet into our smartphones, which include applications. When businesses actually have to develop their own solutions, that takes a lot of time, resources and definitely budgets.

Where does the exactly empowerment come from?

Empowerment actually comes from the 4 key pillars which include:

1. Freedom

2. Ownership

3. Rights and responsibilities

4. Accessibility

We actually realized that smart contracts allow people to remove intermediaries and the fact that Web3 is anti-monopoly tech.

What Bitazza has done

One of the things that we have built actually is the ecosystem and with that, we involved our users with the BTZ token with ownership that going back to my point that include Bitazza lending, our stakeholder has a share of our Business by BTZ token

As a licensed digital broker in Thailand, it is very important for us to actually operate with good governance. The whole self-custody concept and owning your own assets is something that we promote. Bitazza never raise any funds therefore we do not have any intention to liquidate our own token, or do any pump and dump, or conduct any bad business.

Real adoption come with real use cases

Apart from operating good governance, we also realized that real adoption comes with product, so we develop many different products using the web 3 concept which is ownership, including Freedom Wallet, is built on our partner Fuse Network, where we let businesses have their own points system and lately, we also launched NFTs. We don’t believe that everybody needs to build their own chain. What we focus on is actually the real world applications, use cases and everyday use

Real use cases

Freedom Wallet

Bitazza aims to connect both your virtual and real worlds by empowering both businesses and retail users, reinforcing Bitazza’s core mission of supporting mass adoption and usage of blockchain technology in daily life. These are the real life use cases of our Web3 application, whether in event situations or even with Raja Ferry

Freedom Card

The fact is that in the traditional financial world when you have your own asset or money, having to actually leave a house to go to bank and apply for book bank, card or better yet when you ask for credit card you will have to submit your credit history, payroll, all the paperwork just to be qualified to spend your own money. What if you could do all of that in the palm of your hand, with an integration of a crypto wallet at Bitazza and top up into a Visa card after converting crypto into fiat and topping up the card and taking out intermediaries as I mentioned, that brings the convenience. However, it’s just not for the retailers. Merchants who previously were interested in, but did not have access to or understand cryptocurrency, they all know Visa, one of the biggest network of credit cards in the world with 80 million merchants. Why not accept crypto that already has been converted into THB. So this is also how we empower both businesses and retail users.

Ecosystem under the Bitazza build and development

Apart from the BTZ token which is the fuel for the ecosystem, if you wish to use the Freedom Wallet and Freedom Card you have to put the BTZ down. We also let users or BTZ holders go into voting and go into DAO, it’s only the beginning and this is how we plan to empower both businesses, retails and our partners inside our ecosystem

All of these that I mentioned actually address the point that apart from freedom to use all these web 3 products, all of these come also with independence this is why Bitazza has stated the way we are self-funded, and we never raise any funds using our token that is why we stay both free and independent from outside influences, and we believe in good governance as well as promoting self-custody

Conclusion

Bitazza believes that FREEDOM IS THE ULTIMATE MEAN FOR HUMAN BEINGS. Blockchain technology not only provides the opportunity to address all of the things that traditional finance world had been limiting us from, but apart from that, the Blockchain technology is all about inclusion and diversity and it doesn’t discriminate race, age or gender, that’s why corporate culture at Bitazza is something that we build from the ground up and address freedom, ownership, rights, responsibilities and accessibility.

We hope that this session can empower you all, thank you!

See more of interview from Thairath news here starting from 2.10 mins

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See more of the event atmosphere here https://bit.ly/3HpdWQo
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*The person in this picture is the person of Bitazza Ltd and this event is held by Bitazza Ltd as marketing partner of Freedomverse Ltd
Disclaimer: Cryptocurrency and digital tokens involve high risks; investors may lose all their investment money and should study all the information carefully and make investments according to their own risk profile.