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The war encourages Ukrainians to move to cryptocurrency. More than six million p...

Cryptocurrency during the war: Instant Dnat and Blockchain version of Marshall Plan

The war encourages Ukrainians to move to cryptocurrency. More than six million people already have virtual assets. Ukraine has long established itself one of the leaders in the level of cryptocurrency perception. This is not surprising. The high level of digitalization in the country, the need for financial mobility and protection against hryvnia inflation have become determining factors. However, one of the impulses, unfortunately, was the war.

The share of citizens who own cryptocurrencies in our country for 2022 has increased by more than 2%. More than 15% of the population, which are more than 6 million Ukrainians. Such support for the cryptocurrency sector has allowed Ukrainian charity funds, in addition to fiat currencies, to provide additional flow of fees in cryptocurrency for tens of millions of dollars.

According to Crystal Blockchain's analytical company, retail investors, large companies and brands have brought together and raised almost $ 180 million in Kryptoactiva to help Ukraine. 44 funds and volunteer organizations accept donations to Ukraine in cryptocurrency. Most organizations launched cryptocurrency in March. Charity-Tech development allows us to perform ordinary financial transactions without intermediaries-so companies lose less time and money.

It is the speed of cryptocurrency transactions that has become key to charitable organizations and volunteers. After all, transfers are made almost instantly and do not require long expectations of opening the account as opposed to banking. Currently, there are already very promising projects in the creation of cryptomamen with advanced functionality of non -clienting, which allow Ukrainians to perform cryptocurrency operations very conveniently for Ukrainians.

Cryptocurrencies develop dynamically, and it is logical, because many Ukrainians have become fascinated by cryptocracy and investment, in need of financial mobility and protection against hryvnia inflation. Post -war recovery with blockchain is actively discussed by the Public Union "Virtual Assets of Ukraine" (WAU), which includes Binance together with the public organization Blockchain4UKRAINE. The Union prepares the Marshall Plan.

The basic concept is to create a decentralized real estate and land register for the post -war restoration of Ukraine, using blockchain technology, which guarantees the highest transparency and trust standards for attracting international fiat and cryptocurrency investments in Ukraine.

It is also planned to create a mechanism for asset tokenization, which involves the production of a special token of infrastructure recovery, by purchasing which local and international fiat and cryptoinvestors will be able to receive dividends from their investment on the basis of smart contracts. However, the driving for the full operation of the cryptocurrency market remains the issue of legalization. Cryptora participants will be able to open accounts with banks and run business openly.

And the introduction of protective standards for investors will avoid unpleasant upheavals that we have observed in the market recently. In particular, options for the mandatory reservation of the percentage of cryptocurrency on special deposits for insured events in crisis situations are discussed. The soft and liberal regulation of the cryptocurrency market will give a new impetus to the merger of this class of assets with the traditional financial system.