Blockchain Technology
Digital transactions originally necessitated an intermediary, a trusted third party, before the advent of cryptocurrencies. The argument made by many blockchain proponents is that, being anonymous, immutable, public ledgers, blockchains herald a new era of intermediary-free transactions.
Yet, blockchain’s potential to completely eliminate intermediaries is quite limited: here’s why.
The necessity of service providers has … Read More “Blockchain: The Intermediary Illusion” »