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?
I am an ardent supporter of blockchain technology knowing its benefits and its solutions to many societal problems ranging from chain supplies, medicine, banking etc but I wonder why some countries are against this technology which has the capacity to provide trust, without any third party and unhackable system.