Is Blockchain a new technology or just a method of data storing?
We all know blockchain was the reason why major of the banking sector are appreciating and supporting crypto currency because it can use in diverse way and it always guarantee users security which the banks, the governments and the senior regulators failed to provide. However, saying blockchain is just a method of data storage is like saying US are the country that have national currency because we all have seen alot of project with different perspective on here.
If fiat does not exist in banking sector again then the online transaction is similar to blockchain. It is just exploit to data storage in blockchain and the level of security or privacy depend on the type of blockchain. At the time bitcoin started blockchain was just adopted but was not new