Using Blockchain to Build Better Connections

Connections matter.

This is true in virtually every capacity.

Our social connections are critical to our well-being. As the Harvard Women’s Health Watch reports, “Dozens of studies have shown that people who have satisfying relationships with family, friends, and their community are happier, have fewer health problems, and live longer.”  

Personal connections are professionally valuable as well. For example, according to research conduct by LinkedIn, “more than 70% of professionals get hired at companies where they have a personal connection.”

Of course, our romantic relationships are some of the most important that we have in our lives. Despite changing statistics about when and how many times people marry, most people will eventually marry, and the process of finding that person is an integral part of the human experience.

Increasingly, our lives are being played out online. We measure our social interactions in “likes,” followers, views, and, increasingly, matches. Our online personas have indeed become an extension of our real lives, and our real lives depend on the connections that we make.

When it comes to romantic relationships, those connections can be more challenging to fortify and pursue. After all, we all live very hectic lives that are narrowly constrained to a shockingly limited number of interactions. We can meet people at work, at the gym, or at a bar. Even with a few more options, we are extremely limited in our ability to meet new people. When given those restrictions, it’s not difficult to understand why people turn to online platforms to build better connections.

Tinder, the sometimes-unsavory hook-up app, has well over 50 million active users. More altruistically, there is a seemingly unending list of dating apps, like eHarmony and Match.com, which strive to help people make better romantic connections. Millions of people are using these sites every day in hopes of meeting the perfect partner. Since its inception in the early 2000s, online dating has become a mainstream method for finding the right connection.

However, even though these sites are very popular, the data shows that they are wildly ineffective.

The Pew Research Center found that 1/3 of people using an online dating app have never actually gone on a date with someone who they met on the platform. Moreover, the high traffic on these websites means that messages frequently go ignored and substantive connections are not made.

Our personal connections are vitally important, and this is especially true for our romantic relationships. That’s where PonderApp is striving to make the most impact.

Introducing PonderApp

PonderApp is a blockchain-based connection platform that combines the quaint art of personal introductions with the growing desire for viable romantic connections. PonderApp is not a dating site. Instead, PonderApp organizes and monetizes the interactions and introductions that we routinely enjoy.

In this way, anyone can play matchmaker and make a profit from doing so.

The blockchain is quickly growing in notoriety for its role in powering popular cryptocurrencies like Bitcoin and Ethereum. As many are finding out, its use cases transcend just cryptocurrency. The blockchain enables an entire decentralized ecosystem to flourish while serving a variety of purposes. For PonderApp, it enables several features that will allow the platform to thrive.

PonderApp Tokenizes Personal Information

To build robust, accurate profiles, PonderApp collects a significant amount of personal information. However, by tokenizing that information, PonderApp can provide as much information as possible without compromising user security or privacy.

In addition, tokenized information means that everyone’s identity is entirely verifiable, so that platform users can operate in comfort and security.

PonderApp Incentives the Match Making Process

Many people might be intrinsically motivated to connect their close friends, but we are much more capable of creating compelling connections within our broad social network. In the same way that people are more likely to attain a job if they know someone at the company, new relationships are more likely to take off if the two people have a mutual connection.

For matchmakers, PonderApp provides a financial incentive to participate in the process. If two matched individuals like each other, they both pay a $10 success fee to the matchmaker. Even more impressively, PonderApp will pay a $1,000 success fee to the matchmaker if the couple gets married.

PonderApp Is Expandable

Dating connections are an immediate and obvious use-case for PonderApp’s technology. However, it can also be used for many of the other types of relationships that we make every day. As the platform continues to proliferate, it could serve the function of a decentralized network that facilitates everything from social to professional networking. In the ilk of Facebook or LinkedIn, PonderApp can serve as a social connector on many levels.