the future. Polkadot is made for just that. What use-cases could benefit from a parachain architecture?
As I see this. When it comes to parachains if each country had one for their own currency and financial systems you'd have a totally integrated world financial system with settlement onchain between participating countries. If these chains were able to represent assets. Stocks, bonds, house deeds . Basically rights to ownership of something within the country. If that can be minted as a nft or some sort of divisible asset then there is very little friction to me owning 1/1000th of a property in Albania, Italy and the US. It is so much more efficient then current international settlements. Domestic settlements. Owning assets is impact by govt regulation. But this can reduce friction there too. But for new stuff like in ewf and the upcoming staking look how that opens up part of the world to our capital via staking. This can be done with separate chains and tech. Maby layers of abstraction and stubborn devs making it work. Polkadot has it baked in. Gav is next level hey very smart dude who must see multidimensionally.
Yes, Gav is next level Smart.
Will relay chain be useful for per country specific rules.? Or EW will not do per country distribution ?
This could potentially be one of the use-cases of parachains, next to scalability and layer1 security… but also here; use cases today aren’t in need for that just yet. EW doesn’t run into boundaries of scalability just yet
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