Blockchain technology has the potential to streamline everything in our financial lives, from taxes to investment records and insurance claims. Take credit cards, for example. At the moment, if you use your credit card to pay for something, the payment has to go through four different stages.
As a peer-to-peer distributed digital ledger of time-stamped transactions, the applications of blockchain are virtually limitless. As data shows, the technology can revolutionize lending, security, consumerism, business models and digital property. And this is just the tip of the iceberg of its wider capabilities.
Best of luck 🤞.