Do You Believe in Blockchain Magic?

Sebastien Meunier is a financial services advisor and startup mentor with 15 years of experience in business transformation and innovation in finance. 

In this opinion piece, Meunier takes a look at the many optimistic claims made for applications of blockchain, arguing that over-promising on the tech is not the best way forward.

Blockchain is a revolutionary technology that is a force for good.

You probably heard that it can help solve problems in charity. But did you know that you can end homeless hunger with blockchain? Actually it could help end poverty in all its forms, including solving the child poverty issues!

Blockchain is unbelievably powerful. Bitcoin, the first blockchain system, launched in 2009, can help end war, which is already something. But blockchain technology is even stronger: it will make guns smarter, preventing gun deaths, and save the world from nuclear holocaust. Boom.

Let’s be clear, blockchain will completely revolutionize how we run the world. It will undo populism bigly, stop climate change, prevent the next financial crisis, disrupt Uber, give us control of our data, and transform everything from banking to government to our identities.

The democracy

Read more ... source: CoinDesk

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