The idea of blockchain was founded in 1991 by W.Scott Stornetta and Stuart Haber who brought an easy computer solution to manage the time to store Digital documents. Moving to 2008 Blockchain as we know is invented by Satoshi Nakamoto who also is the founder of Bitcoin There are a whole lot of advantages that bitcoin can benifit the world with. Such 3 Advantages of Bitcoin that is changing the world .
SAFE AND SECURE MONEY
We all want to make our money safe and secure and blockchain provide the same just because the transactions are faster accurate record keeping and is far more secure then any bank. It not only is benifiting us but the banks as well almost 95 Percent of bank are finding blockchain solutions and how can it can help them make more profits . The best thing about blockchain is that the transactions are transparent and this is a great banking alternative because people from around the globe can send money to each other in much faster then any other bank as there money is hold secured with bank for upto 2 days before reaching the end user it is very beneficiary for people in unstable and underdeveloped countries
PROVING THE IDENTITY
Do you know today more then 1.8 Million people in the US cannot prove there identity letting the people know they are what they say they are some of the reasons for the same can be documents lost during a natural disaster and not having enough money to make a birth certification so how can they find job or get an admission in a school leading them to go homeless. Blockchain can change as 60 percent of these people does have a mobile phone just like Estonia has been using blockchain since 2007 for there national digital identity solution as it require no paperwork and just digital signatures
I.C.O
A new way to raise funds without the need of going public ico or initial coin offering is a unique way that allows companies to raise funds without going public on stock exchange just by using blockchain icos are reserved for companies and firms in crypto market and you do need to have a digital currency and an understanding on how crypto industry works how a new startup raise money through ico is firstly by providing details of the company on a white paper it will state the amount of money that is needed and how much money is invested by the founder himself the type of currency accepted and for how long the ico campaign will run
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