Blockchain will change the things we need to most

in #blockchain6 years ago

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So in central organizations, department or in any project, decisions are made above and executed below. Thus, information must tile from the bottom up and concentrated there.

The problem here is the above-concentrated power and therefore leads to corruption. So the lack of integrity and trust makes it impossible for us to grow.

This power bundling is also central to our digital communication. So with online applications, we can collect important information and processed on a central system. Therefore, users have no choice but to trust this instance. As a result, we can not make trusting decisions without a third party.

Using peer-to-peer systems to solve the problem of centralization

So peer-to-peer systems can solve the problem of power bundling with a decentralized computer network. Thus, they consist of individual computers of users who communicate over a network.

So people join a system that they trust and help to make it save. But the integrity of a system is needed to build trust.

The threat of integrity in the peer-to-peer system

Full integrity in a peer-to-peer system is a big challenge. So technical failure can cause parts in the network to fail. In addition, a scammer can try to use the system for his own purposes. So they destroy the basis of the system to make money. As a result, these threats can lead to the resolution of the system because we no longer trust it.

Blockchain solves the integrity and trust problem

So blockchain makes it possible to create integrity in a system where the number and trustworthiness of the members are unknown. As a result, we need blockchain technology because the system is not corruptible and we can trust it.

Therefore, blockchain is important for any form of scheduled organizing like a project.

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