VENOM BLOCKCHAIN
Use Cases & Industries
2min
Venom’s vision is to provide the infrastructure needed to bridge the gap between decentralized ledger technologies and traditional finance. Its blockchain provides businesses and institutions with the ideal balance between decentralization, cost-effectiveness, transaction speed, and transparency makes it an excellent fit for a wide range of use cases.
Here are some of Venom’s use cases and target markets:
- Web3: Network for scalable operations
- DeFi: Scalable applications for the DeFi economy
- Global Payments: Hosting global payment markets
- CBDCs & Stablecoins: Support for central bank digital currencies (CBDCs) and CBDC-backed stablecoins
- NFTs
- Micropayments
- Trade Finance
- Banking the Unbanked: Applications that help to bank the unbanked
- Proof-of-reserves mechanisms
- Decentralized Autonomous Organisations (DAOs)
- Game Finance (GameFi)
This wide set of potential use cases and supported verticals provide the foundation for Venom’s mission of building the infrastructure for the next generation of digital products and services.