🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Recently, everyone has been talking about RWA (Real World Assets on-chain). Simply put, it means moving things like houses and bonds onto the Blockchain, for example, chainlink is responsible for ensuring the data is authentic and reliable. This way, a bridge can be built between TradFi and Blockchain.
But having data is not enough; trust is essential for conducting transactions. In reality, everyone knows that money can be accounted for, but the reliability of people is the key.
At this time, I saw @UXLINKofficial's RWS (Real World Social). What it does is very simple: it brings relationships between people on-chain, allowing "trust" to be verified.
When issuing RWA, RWS can confirm the identity of participants to avoid chaos.
In DeFi or peer-to-peer trading, RWS can reduce fraud and increase efficiency.
In DAO voting, RWS ensures that there are real human relationships, not bot spam.
Value must flow, and trust is the foundation. With these two combined, Web3 can last longer.