Blockchains allow frictionless, fast, safe, and fair transactions between parties worldwide. They limit the ability of parties to benefit at the expense of the greater economy. They allow integration of the entire world into a fair and level economic playing field. And will help us to create the fair, honest, efficient, and safe world we all want to live in says Paul Snow, CEO at Factom.com, in Bithub.pls #SundayInterview.
Is blockchain a breakthrough technology that can bring transparency to every aspect of social and political life? Or such a statement would be too far-fetched?
Blockchain is a breakthrough technology in that it offers a transparent context for transactions of many kinds. At Bucket we see blockchain as the new internet, the new breakthrough tech that will transform the world in a variety of ways. We see blockchain as far more than a ledger, but a whole new way for social and economic interaction.