BLOCKCHAIN TECHNOLOGY CAN REVOLUTIONIZE THE WORLD ECONOMY

The blockchain technology is underpinning the cryptocurrency; it could revolutionize the world economy. Technology behind cryptocurrency, the blockchain is Changing Money, Business, and the World, also believes the technology could offer genuine privacy protection and a platform for truth and trust. The second generation of internet are enabling the true peer-to-peer exchange of value, which does not currently exist.

For example, If I’m going to send some money to somebody else, I have to go through an intermediary—a powerful bank, a credit-card company—or I need a government to authenticate who I am and who are the receiver. What if, we could do that peer to peer with technology that enable us to do transactions, to do commerce, to exchange money, without a powerful third party? This would be really amazing.