The world as we know it is being shaken up in many different ways. There is significant geopolitical tension, war, social fragmentation, an ongoing Covid-19 pandemic, volatile weather conditions, banking instability, and serious threats to free speech. It’s easy to fall into despair when reading national headlines.
But we do have a remedy in the form of distributed ledger technology. And it’s vitally important to understand that this technology is going to empower individuals to make sovereign decisions. This means that social media, finance, health, gaming, freelancing, digital identity, and all online activities remain within the domain of the actual owner, not the service provider.
Ultimately, this could mean that large corporations and governments will be less relevant in terms of global governance. Blockchain will give small business owners and individuals a means to vote and govern. This group is also responsible for promoting and adopting this technology.
A Mistaken View Of Blockchain Adoption
There is a common misconception that increased regulation is required in order to bring blockchain mainstream. However, third-party regulation goes against the decentralized nature of blockchain and the principles of self-governance.
Continue reading: https://beincrypto.com/blockchain-adoption-small-business-and-creators-will-make-it-popular/
But we do have a remedy in the form of distributed ledger technology. And it’s vitally important to understand that this technology is going to empower individuals to make sovereign decisions. This means that social media, finance, health, gaming, freelancing, digital identity, and all online activities remain within the domain of the actual owner, not the service provider.
Ultimately, this could mean that large corporations and governments will be less relevant in terms of global governance. Blockchain will give small business owners and individuals a means to vote and govern. This group is also responsible for promoting and adopting this technology.
A Mistaken View Of Blockchain Adoption
There is a common misconception that increased regulation is required in order to bring blockchain mainstream. However, third-party regulation goes against the decentralized nature of blockchain and the principles of self-governance.
Continue reading: https://beincrypto.com/blockchain-adoption-small-business-and-creators-will-make-it-popular/
