Independence from the Central Authority


The Blockchain technology community has a strong disagreement over the allotted value.

Some people find that Blockchain technology, with the slogan "own bank" as a basic technology, can strengthen the financial system. In the world they believe corruption is present.

Bitcoin, a Southeast Asia-based Bitcoin digital currency trader, and who only gave his nickname, FlippingABitCoin, worried about himself. May face robbery, said:

"There are huge opportunities for us here to conduct financial transactions without the government's control."

At present, billions of people, who are cut off from the formal banking system, will be able to use the artificial money as a whole. The world without central office and without using anything other than mobile phones.

"This technology will make the competition more equal," he said.

Another group of fans has urged countries to use Blockchain technology, as Canada, Singapore, China and Germany have These countries may be exploring or testing directly on digital currencies using Blockchain technology.

Michael Hsieh, a non-permanent member of the Center for Security and International Cooperation at Stanford, wrote in an e-mail:

"In the long term, we believe that if there is any threat to governments, use Blockchain technology in Creating economic infrastructure that causes corruption, decreases transparency and high security that will lead to business confidence. And investing in shareholders. "

He continued:

"Any country that will lead the 21st Century Financial Technology Innovation Competition will capitalize on capital and productivity. From any country that is late. "
Independence from the Central Authority Independence from the Central Authority Reviewed by Unknown on May 24, 2018 Rating: 5

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