Post
Topic
Board Economics
Re: Can Blockchain technology curb corruption in our financial institutions?
by
hugeblack
on 03/07/2018, 12:04:23 UTC
If the spoilers are the ones who run our financial institutions, they will not accept the Blockchain technology.
The blockchain is nothing more than a tool to show corruption and trace it, but if no system punishes spoilers, it will be useless.
So in the developing countries, I do not expect that the blockchain will have the expected benefit, but it will be useful in countries that fight corruption and seek to punish the spoilers.