Think of such a system that the more it is used, the stronger it will be. It feeds itself with the whole transparency, I hope.
Could it be that the idea of a decentralized Blockchain could be misdirected, eliminating key mediators such as mediators, bankers, lawyers and accountants, supervisors and stock exchanges? As a view, these key intermediaries are also needed to improve and enhance forward-looking productivity, and that they should be included in the Blockchain ecosystem instead of taking them out of the ecosystem.
The small example in daily life, what we care while we bargain (buying something) that is a price effect or intrinsic satisfaction? In other sayings, is transparency stronger than non-centrality? There is always mistrust or suspicion that is really the last point which I could get. Have you ever felt like that? If someone else buys this ticket cheaper than me? What if I buy the most expensive ticket?
The Boeing 737-800 has 189 passengers capacity and if there are any possibilities for combining to blockchain technology with the ticketing process we can check the chain which is included 189 passenger’s tickets of XYZ9876 Flight number without personal data. Isn’t it satisfying?
At this point, we could test blockchain technology, online banking, banking apps that are the simplified “Fintech” action in our daily life. Which actors are playing in this scenario? So we can check the practicality.
The person who uses online banking apps and that person well informed by personal financial advisor about his/her account at the digital wallet. That is the point which is before mentioned regulations of actors who should be included in the Blockchain ecosystem instead of taking them out of the ecosystem. Otherwise, stranger things have happened.
Ready to use systems are provided by banks. Airlines which are willing to eliminate to difficulties of different currency and present to future payment methods for clients under the principle of transparency. If all the chains are linked to each other, we can also get other information about our flight preferences. This is a similar way of benefits of blockchain systems that is different than financial purposes. It looks easy but we have to be open to change for the criteria which are we want to get at the products and services we want to buy.
Speaking of non-financial benefits of blockchain the news of BBC is unfortunate that I have to share with you but could give a point of view to us. click here
Like a natural disaster. The single-use only token which it can link with a voter at the election day by the authorities could be a be uniquely suited to all issues. Minute by minute objectivity, the fastest way for the results by a way of an open book.
Is this system that is still living and developing one day will be able to come into contact with every detail of our life?