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 that can bring transparency to everyone that is why the government hate it. Just imagine a government with transparent transactions every single day. Those shady transactions is hard to cover. Corrupt officials will be lessen and politicians would think first before they candidate for election.