For centuries, banks and centralized institutions have controlled money—reliable, but often slow, costly, and exclusive. SOMI, built on blockchain, challenges this model with speed, transparency, and global accessibility.
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1. Speed & Efficiency
Traditional: Cross-border payments take days.
SOMI: Finalizes in less than a second.
🔍 SOMI redefines efficiency by removing intermediaries.
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2. Cost
Traditional: High fees, especially for remittances.
SOMI: Near-zero, predictable costs.
🔍 Affordable finance for everyone.
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3. Transparency
Traditional: Closed, opaque systems.
SOMI: Public, blockchain-based records.
🔍 Trust shifts from institutions to code.
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4. Governance
Traditional: Centralized, slow, often political.
SOMI: Decentralized, community-driven.
🔍 Users gain a direct voice in decisions.
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5. Inclusion
Traditional: Billions excluded by documents & barriers.
SOMI: Anyone with a wallet can join.
🔍 Radical inclusivity, limited only by internet access.
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6. Stability & Risk
Traditional: Backed by governments but crisis-prone.
SOMI: Transparent, capped supply, but market volatility.
🔍 Stability vs. innovation.
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The Bigger Picture
Traditional finance built trust over centuries but struggles with inefficiency and exclusion. SOMI flips the script with speed, affordability, transparency, and inclusivity—though it still faces hurdles like regulation and volatility.
