Blockchain to save humanity from itself?

in #blockchain7 years ago

Well not exactly from itself but those who seek to profit from other's ignorance.
Aside from the financial correctness that the blockchain affords there is the contractual aspect which will circumvent many areas of current legal, health, security services, government and financial services smoke and mirrors.
Compartmentalisation in all areas has lead to barriers, dead ends, false starts, extremes and confusion.
Blockchain will overcome all issues with communication, file storage, mapping, complex mathematical algorithms and thus make it a simple task to utilise, manage and manipulate data in a transparent and traceable manner for the benefit of all not just the few.
Talk has always been of how quickly ordinary jobs will be taken over by robots, now we can see a comprehensive overhaul of all administrational and technical professions using blockchain.
Hopefully as with crowd source and open source, blockchain will enable us all to join the party and not a war.

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the blockchain system can be the end of the entire system (our dear elites and banksters) long live the blockcahin !!!

You bring up a valid point. I believe blockchain will have incredible benefits for humanity. Hell, it already is. However, that does not mean that there will not be problems. I am a believer in technological unemployment and that technology is moving ahead so quickly that it will outpace any job growth that newer techs creates.

There are many arenas where the blockchain will penetrate. Financial, medical, and government are just three areas where major disruption will take place due to the implementation of blockchain.

Thank you for posting this.

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