Why 5ire is a Unicorn

5ireChain
2 min readJul 31, 2022

5ire recently became the 105th unicorn based in India. What makes 5ire so special, and why are investors flocking to support this blockchain company?

Here are some of the primary attributes that make 5ire the ideal choice in all applications:

In India as well as other parts of the world, governments are moving to digitize their records and services. They can quickly leapfrog to proven technologies to serve their constituents today rather than suffer through yesterday’s archaic systems. 5ire is the 5th generation of tech solutions and can be adopted immediately.

Data security comes at a cost, but the more reliable it is, the longer it’ll be before you have to replace it. 5ire is more secure, adaptive, and modular than centralized systems. Unlike legacy distributed ledger technology, 5ire is faster and lower cost to operate.

5ire is built from the ground up with the goal of serving the general public. It is ideal for public enterprises with its for-benefit features, unlike the for-profit ideology of traditional systems built for the private sector.

Most governments aspire to be democratic, especially the largest democracy on Earth. As such, they should enact a more democratic, decentralized, and inclusive system to serve their public. This is 5ire.

Sustainable development is fast becoming a global priority, with the United Nations’ Sustainable Development Goals formed in 2017. 5ire technology is built with the UN SDGs at its core.

5ire is the first blockchain network that comes equipped with local governance solutions from the provenance of private property and title records, and recording private business transactions from business agreements, licenses, registration, and intellectual property registration, to personal credentials like passport, visa, driver’s license, and birth records that are securely stored in blockchain systems.

Centralized e-governance solutions are a hardship to upgrade or move, requiring sizable capital expenses in both hardware and software, along with needed upgrades. With 5ire’s future-proof and forkless upgradeability, all upgrades happen seamlessly and can be purchased as PaaS or SaaS.

5ire’s interoperability makes it ideal to adapt to existing blockchain solutions enabling cross-blockchain transfers of any data through bridges.

The technology used to build 5ire, Sustainable Proof-Of-Stake, is a major update on older, less secure blockchain technology.

Adopting 5ire is an excellent way to reinvest in a solution created by local talent and can be improved and operated by locally available resources.

With these attributes and more, it’s clear that 5ire is in a great position to positively impact many people worldwide.

More information about 5ireChain can be found by clicking on the following links:

Website: https://5ire.org

White paper: https://bit.ly/3Qcsmor

LinkedIn: https://www.linkedin.com/company/5ireChain

Twitter: https://twitter.com/5irechain

Discord: http://discord.gg/5ire

Telegram: https://t.me/OfficialFireChain

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5ireChain

5ireChain — www.5ire.org | Layer-1 EVM Compatible Smart Contract Platform | In Consensus Sustainability