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RE: 3 Terms in Blockchain You Should Know + Get 100SP for YOUR Comments

in #blockchain7 years ago

In the coming years, the technology behind Cryptocurrency (Cryptocurrency) like Bitcoin definitely and radically will change roles such as banks, accountants, notaries, and governments. How important functions of "reliable third parties" can be automated through Blockchain and what are the implications of this. From Bitcoin's sensation to the Blockchain revolution: a belief in the internet With the advent of cryptocurrency like Bitcoin, everyone around the world can trade with each other without the involvement of third parties such as banks, notaries, accountants, and government. Trade is a pillar of our economic fundamentals and society, and traditional trust parties play an important role in this regard. The technology behind Bitcoin makes all this possible - Blockchain - ensures that the essential functions of "reliable third parties", are fully automated via the internet.This way, these functions are as freely available, accessible and programmed as the internet is own.