Atul and Ritesh discuss cryptocurrency legalization and how their XDC blockchain enables fast transactions for government and business. They argue blockchain could transform financial systems and gain official acceptance.
Are you seeing this? This is a big deal. Crypto is finally becoming legal. The Senate passed the Genius act. For the first time in 16 years, government is making crypto and blockchain legal. And bitcoin is above $100,000. So what does all of this mean today? This means everything we do with government and businesses will become faster. What takes two weeks now? Take two minutes with crypto.
Just ask these guys. Hi, my name is Atul. My name is Ritesh and we want to make the world fast.
For nine years Atul and Ritesh have been working on a blockchain called XDC and it's one of the fastest in the world. But this one is designed for big business and governments.
In nine years we built XDC blockchain which helps everyone to close a transaction within seconds. You want to buy a house or a fraction of a house. You can do it on your phone, on your wallet in minutes. So if I'm sitting in India and I want to buy 1% of a house in Wisconsin. Yes, you can able to buy. I can do that using this technology.
That's huge.
It's exciting.
With blockchains you can send money to family in one minute. You can sell an apartment in one minute. You can get a loan in one minute and get paid in one minute. You don't need a bank anymore. Everything happens on the blockchain and the government is becoming okay with it.
Nine years ago we took a big bet on this technology. Bitcoin was not legal. But now we can see all that we put together is under huge demand by governments and businesses because they know it is making everything faster. This isn't an affeese and meme coins. This is real government contracts moving at the speed speed of the Internet.
Finally in the future, every person from moms to ministers will use a blockchain without even noticing.
It will be 100% legal and 1000% fast. Now that's exciting.
