Where have we come from with the internet:
What are the problem with the current Internet companies?
- Severe lack of Trust
- Lack of Openness
- Serious Security issues and concerns
- Poor Quality systems
- Increased Cost for customers and users
- and most importantly……MY DATA is not owed by ME…..the centralised company or authority owns YOUR data…….
How can we replace the broken system?
With Blockchain technology which provides:
- Trust – You have the same copy of all data
- Transparency – You can see all the transactions real time
- Security – Crypto technology secures user ID’s
- Quality/Certainty – You know where your raw materials came from
- Reduced costs – No more costly API’s and database reconciliations
Blockchain technology benefits businesses:
- Saves time – From days to instantaneous transactions
- Removes costs – Overhead costs and intermediaries
- Reduces risk – Tampering with transactions and fraud reduction
- Increase trust – through shared processes and records
As a reminder:
#Blockchain #Bitcoin #Ethereum #Ether #cryptocurrency