Erth Point System to redefine the blockchain technology paradigm

For many, the word “blockchain” conjures up images of shadowy figures trading crypto, often surrounded by an atmosphere of crime and secrecy. In reality, however, the Blockchain technology that crypto runs on has an infinite number of valuable use cases in areas such as healthcare, logistics and supply chain applications.

In 2019 during an interview with CNBC, Warren Buffett said, “It’s brilliant and blockchain is important, but bitcoin has no unique value at all, it produces nothing. It’s basically a delusion.”

So the question must be asked: Can the crypto industry itself survive while so few projects do anything to add real value or advance the cause of humanity? And does this lack of use-case matter anyway?

The answer becomes clearer if we look back at the development of the Internet, including the subsequent dotcom bubble that burst in 2001. Almost exclusively, businesses that provided initiatives that had a beneficial impact on humanity survived, and tens of thousands of businesses that did. didn’t just disappear. Survivors like Microsoft and Amazon harnessed the power of the internet with useful products and services, becoming two of the world’s largest and most successful businesses today. It is now clear that the same pattern is being replicated with early adopters of Blockchain technology. There are already over 20,000 crypto-tokens traded on global markets, and virtually all of them show a distinct lack of proper tools that somehow match the failed 2001 companies. It is quite clear that history will repeat itself at some point, and almost all of these will go the same way when the crypto market has its “2001 moment” and implodes spectacularly.

So who is flying the flag for ultimate real-world utility in the crypto space today?

Developed by Queensland-based company Rewards4earth, the Erth Point System (Erth) is one of the few that will survive crypto’s version of the bursting dotcom bubble when it inevitably arrives. Erth is a patented customer loyalty and rewards program that currently funds environmental remediation projects around the world, while supporting non-profit organizations such as clubs, charities and churches in local communities. Its unique ecosystem sets it apart from virtually all others because every time a business using the system trades with its customer, there is a direct correlation with a trade in the crypto market. This means that the baseless trading speculation that underpins the ‘value’ of almost all other cryptos is not necessary to drive the Erth Token price.

The Erth Point System has successfully piloted in Australia and is about to start operations in New Zealand and Singapore, with rollouts to the UK and US planned later in 2023. As more and more businesses join the system worldwide, the demand for the Erth Token will likely grow exponentially and the benefits will flow back to the valuable environmental remediation programs that are already making a positive difference to our world. Erth is live trading now, find out more at www.erthpoints.com