Possibly everyone knows term “Blockchain”, however I am not sure that everyone understands its importance and significance for today’s world development. Blockchain is considered as a virtual, transparent ledger, being invented to fix cryptocurrency transactions and generally regulating Buy-Sell process of cryptocurrency.
However, pleased to distributed- ledger technology and smart contracts Blockchain has a great potential to benefit various companies all over the world – not just financial sector.
The main features of Blockchain in Financial Sector are the following:* Transparency;
* Traceability;
* Efficiency;
* Collaboration;
* Security;
* Auditability.
There is a wide landscape of applying and embedding Blockchain in the different areas of Business, including, but not limited with opportunity to solve refugee problems, bypass corruptions and bridge poverty gaps, facilitate business operations and contribute to other spheres of business.
Allow me to describe the most important and relevant from my point of view:
1. Preventing poverty in the world.
Poverty is the biggest world tragedy right now, particularly taking into account terrible situation in Siria, being resulted in …
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