- 5ire network focus more on humanity’s service.
- 5ireChain acts as the bridge to facilitate the world’s shift from 4IR to 5IR.
The crypto world continues to develop its technology to provide its users with great use cases that could benefit them in their daily lives. The 5ire network is a fifth generation of level 1 blockchain technology that focuses more towards humanity’s service rather than dehumanized technological development.
The network with its 5ireChain blockchain technology acts as a bridge to facilitate the world’s shift from 4IR to 5IR and directly addresses environmental sustainability at its core. This feature enables the platform to achieve its primary goal in being a user-centric, sustainable ecosystem.
In terms of its technology, the 5ire network has concepts like “Proof of 5ire” and “Proof of Benefit” that shifts the focus from “for-profit” to “for-benefit” systems in the 5th industrial revolution. It is accomplished through incorporating sustainability into the network’s base layers and the democratic decision-making at the network’s apex.
On the other hand, the 5ire network integrates its ecosystem with features that make it the 5th Industrial Revolution choice. These include cutting-edge security technology, upgradable scalability, governance and democracy, future-proof and forkless upgradeability, and interoperability.
The success of the 5ire network will not be possible without the amazing team behind the project. Pratik Gauri, the CEO of 5ire network who is also known as the creator of the 5th Industrial Revolution, has spent over ten years seeking advanced solutions to jumpstart the United Nations’ Sustainable Development Goals.
The co-founders of the network, namely Vilma Mattila, Prateek Dwivedi. These people contributed a lot in setting the new alternative for a more democratic and robust consensus mechanism of the project. Furthermore, they also aim to combine the blockchain and social impact to transform economic activity’s focus on “for-benefit” systems in the 5th industrial revolution. Moreover, 5ire is already a part of the HUAWEI CLOUD & Morpheus Labs Launchpad to drive and promote the mass adoption of blockchain technology. Through this, we can say that 5ire has already established itself among investors inside and outside the crypto world