The capabilities that blockchain technology offers the world are almost insurmountable and although there are a lot of great projects that have capitalized on this technology there is still a huge gap in the different sectors and use cases. Luckily, I've realized that Nauticus alone will solve at least four of the reservations I've had about the shortcomings of innovation failing to keep up with distributed ledger technology. Such reservations are in the eCommerce, merchant payments, global KYC and ICO gateway sectors within the blockchain ecosystem.

I am relived but mostly excited to see Nauticus finally capitalize and solve these problems because one of the most attractive traits of blockchain technology is the ability to maximize convenience for anything that it touches as it should. For example, the worldwide eCommerce will unite buyers and sellers into one marketplace and freely be able to make peer to peer transactions through a safe and trustworthy marketplace using cryptocurrencies. Secondly, the introduction of merchant payments is something that has somehow eluded many others but hopefully it can finally be cracked and we see crypto merchant payments finally reach the masses.

Since all these will be carried out through the blockchain, it means that transactions will be faster, cheaper and more reliable for all parties involved.