BchainTalk Forum - Community for Blockchain Believers

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BchainTalk Forum - Community for Blockchain Believers

Join like-minded people in a collaborative culture to share & learn.

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» Bidooh — The World’s First Blockchain-based Facial Recognition Billboard
How the Blockchain Can Resist Fraud with the Help of Decentralized Escrow EmptyThu Nov 29, 2018 4:02 pm by Vladdirescu

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» Japan Has Announced New Five-Point Regulations for Cryptocurrency Exchanges
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» Quadrant Protocol — Data Ecosystem With Authenticity And Provenance
How the Blockchain Can Resist Fraud with the Help of Decentralized Escrow EmptySat Jun 09, 2018 6:59 pm by Vladdirescu

» Pumapay Brings Crypto Payments into Daily Life, Raises $117 mln in Private Token Sale
How the Blockchain Can Resist Fraud with the Help of Decentralized Escrow EmptyMon Jun 04, 2018 6:47 pm by Vladdirescu

» FlipNpik — Social Media for Local and Small Businesses based on XLM
How the Blockchain Can Resist Fraud with the Help of Decentralized Escrow EmptyThu May 24, 2018 3:34 pm by Vladdirescu

» Japanese Bank MUFG Is Planning to Issue a Trial of Its Own Digital Currency
How the Blockchain Can Resist Fraud with the Help of Decentralized Escrow EmptyThu May 17, 2018 11:40 pm by Vladdirescu

» Blockchain Enters Poland’s Financial Market, Namely the Credit Office
How the Blockchain Can Resist Fraud with the Help of Decentralized Escrow EmptyThu May 17, 2018 10:55 pm by Vladdirescu

» HSBC Claims it Performed the World’s First Trade Transaction via Blockchain
How the Blockchain Can Resist Fraud with the Help of Decentralized Escrow EmptyThu May 17, 2018 10:26 pm by Vladdirescu


How the Blockchain Can Resist Fraud with the Help of Decentralized Escrow

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Post by Vladdirescu Fri Sep 22, 2017 3:25 am

Blockchainization has occupied many spheres of our life, starting with finance, systems of electrification, land registration, storage of medical data, flying taxis and ticket sales. However, the most important progressive move, which blockchain brings along, has the potential to change the whole structure of people’s relations fundamentally, excluding intermediaries, as well as many centralized management bodies.

At the same time, despite the crazy pace of the blockchain economy’s development these last days, every now and then we hear how the next governmental body or official threatens to ban or strictly limit the turnover of crypto assets and blockchain investments. The unprecedented growth of fraudulent schemes is usually referred to as a key reason for such drastic actions.

Read the full article: https://coinidol.com/how-the-blockchain-can-resist-fraud/

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Vladdirescu

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