Post
Topic
Board Politics & Society
Re: Blockchain technology for social good?
by
Martha_Ferris
on 28/08/2018, 08:45:35 UTC
Blockchain technology is actually very innovative technology. There are a lot of opportunities that can be created with this technology. So, there is a lot of potential really. But just like any other system, it sure has its own downsides too. The main concept of decentralization is very great and highly beneficial to the common citizen. We all agree that the government, its parastatals and some financial institutions wield too much control. But as usual anything new can be manipulated for bad. The anonymity allowed in using this technology has provided some loopholes. So, the truth is that it is really up to us to decide if we will use the technology for good or bad.