Review on CROAT by Jorge Hernández
the modernization of the Catalan monetary system
The development of towns is measured mainly by their autonomy in areas such as the economy and technological advances.
The use of blockchain technology has contributed significantly to this evolutionary process; enabling nations to be part of the innovation in monetary and electronic commerce systems.
We can demonstrate this with CROAT; a cryptocurrency developed by and for the citizens of the jurisdiction of Catalonia.
This regional cryptographic protocol has several purposes:
Provide Croats with equal access to a currency free from intermediaries or third party control
Promote economic growth in the Catalan region
Empower indigenous developers in the region
Promote the representation of the citizens of Catalonia with the legal tender in force for a long time in that region
Offer a means of payment accessible to all citizens of the region
Recognize the need to innovate the traditional monetary system
Recognize the value of the inhabitants of the Catalan region and create benefits from it for all its inhabitants
CROAT not only brings innovation to the economic system of Catalonia, to promote its development in all sectors; rather, it recognizes the value of its people and promotes their well-being through the use and creation of currency.
Pros
- Allows the Catalan population to be part of the digital assets business
- Offers various wallet options
- Allows you to make exchanges with a safe asset
- It works as a means of payment in local businesses
Cons
- CROAT is a currency of volatile value
