In the rapid age of digitalization, technological progress is extremely quick and happening around the clock. Globally, various organizations, investors and authorities want to become direct participants in these changes. Decentralization technologies are now the subject of heated debate everywhere in the world, becoming the most universal topic for debate. This is unsurprising, as many experts (including us) are confident that it is decentralized technology that will make a real revolution in the world economy! Even today, the introduction of blockchain technology allows states to reform the existing system, reducing bureaucratic delays and making the lives of citizens easier and more understandable.

Here are a few examples:

The government of Georgia was one of the first in the world to have implemented a program for registration of real estate transactions on the basis of blockchain technology.

The Australian government has allocated $521,000 for the Agency of Digital Transformation to further explore ways to integrate the blockchain in government work.

Asian regions also paid attention to this technology: China has invested more than $1.6 billion for blockchain research and at the end of Summer, announced plans to release their own cryptocurrency. Last year Japan gave bitcoin the status of legal tender. In an effort to attract additional investment to the market, the authorities organized a business camp, Block Chain Business Camp, Tokyo as a part of the Tokyo government program of business accelerators.

The US also pays attention to decentralized technologies: The Ministry of national security has allocated $1 million to DigitalBazaar, a startup from Virginia, developing a range of special blockchains designed to identify and verify personal data.

The British authorities are launching the blockchain-based research program Archangel, the purpose of which will be to study the benefits of distributed data storage.

In Russia, the system of electronic referendums “Active Citizen”, uses the state blockchain Protocol, allowing residents to express their opinion on a wide range of problems.

The world powers are moving from words to action: a decentralized approach is already turning from a slogan into a real revolution and global changes in the world community are inevitable.

The Cryptohippie co-founder, Paul Rosenberg, believes that the current world system is hopelessly outdated and needs a new approach that would ensure free cooperation. Decentralized systems provide a tool that allows this.

However, these statements have some contradictions. Economist Nouriel Rubini, also known as “Doctor Doom”, believes that cryptocurrencies are far from decentralization, and in fact “mining is centralized and exchanges are centralized.” Of course, Nuriel Rubini is not an average Joe and certainly an expert in the field of economy, so it is difficult to disagree with his opinion. We also believe that today, a number of blockchain projects implies a kind of compromise between scalability and decentralization (for example, EOS adherents agree to a certain degree of centralization to increase scalability). At the same time, we are aware that a sharp mass transition to a decentralized approach is unthinkable without appropriate experiments, simply put, trial and error along the way. Any new direction needs to be tested on a small scale to avoid disaster when implemented on a global scale. Adhering to this opinion, we took on the responsibility of pioneers and experimenters and developed a decentralized exchange, where it will be possible to exchange not only utility, but security tokens. To take it even a step further and accelerate the coming revolution, we have developed a security token backed by the assets of growing private IT companies. You can read more about this approach in a number of our articles on Medium.

Decentralization is inevitable and we need to be ready for it. We do not plan to dutifully wait for changes to knock on our doors. On the contrary, we will bring forth these changes ourselves.