CAN USING BLOCKCHAIN TECHNOLOGY CURB CORRUPTION?steemCreated with Sketch.

in #blockchain7 years ago

Yes certainly as it removes the need of middlemen and enables transactions between two unknown parties who could be at diametrically opposite side of the planet. That's the power of smart contracts.

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It also eliminates the possibility of frauds as the block-chain is immutable and came be changed one a block is created.

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@therealwolf 's created platform smartsteem scammed my post this morning (mothersday) that was supposed to be for an Abused Childrens Charity. Dude literally stole from abused children that don't have mothers ... on mothersday.

https://steemit.com/steemit/@prometheusrisen/beware-of-smartsteem-scam