Earnity—a new social cryptocurrency marketplace created by a startup of the same name—offers a secure and social environment for engaging in crypto transactions, according to Earnity CEO/Founder Dan Schatt.
Earnity’s goal with its new platform, which is being beta tested in early Q1 2022, is to make it easier for crypto traders to filter out all of the noise that currently plagues social media. In Earnity’s marketplace, users can enjoy a safe and trusting community in which they can gain high-quality crypto insights from a single source. These socially driven sources will be the core of Earnity’s endless crypto knowledge and advice. Eternity’s ultimate aim is to provide the most reliable social cryptocurrency platform for making sense of digital assets both now and in the years ahead.
A major draw of cryptocurrency, aside from the fact that it is easy to store and transfer, is that this type of currency is programmable. These programmable currencies emerge because cryptocurrencies include scripting capabilities to make more complex crypto transactions. These transactions are called smart contracts. Such contracts are deployable any time certain digital promises are enforceable through protocols that the parties involved use to operate. When security is at the forefront of such contracts, these types of contracts have many applications in several fields, like the management of supply chains, rentals, registration and identity, law, and finance, according to Schatt.
Dan Schatt possesses a dual Master of Business Administration and a Master of International Affairs focusing on International Economic Policy—both of which he earned at Columbia University. Schatt also earned his Bachelor of Arts at USC Santa Barbara. He is a regular industry speaker and a highly sought-after adviser in financial technology. He maintains a record of successfully executing payment and banking industry initiatives while managing PayPal’s financial service innovations from 2007-2013.