Could blockchain help Two billion people to have a bank account
Blockchain is the second generation of the internet, the first generation brought us the internet of information. The second generation, powered by blockchain, is bringing us the internet of value; a new, distributed platform that can help us reshape the world of business and transform .
The blockchain, essentially a database and a giant network, known as a distributed ledger, records ownership and value, and allows anyone with access to view and take part. The asset database can be shared across a network of multiple sites, geographies or institutions. All participants within a network can have their own identical copy of the ledger. Any changes to the ledger are reflected in all copies, like a Google doc.
There are two billion people lack access to a transaction account. However, like most blockchain applications, people tend to talk about theory and ignore the aspect of implementation. It is as if the general public just knows what blockchain is and will adopt it because of the buzz surrounding it....Read More
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