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RE: Why are blockchains valuable?

in #blockchain7 years ago

Right now, Blockchains are most efficient technology available as it automates the transactions and processes. Blockchains creates Trust, accuracy and consistency most efficiently. Spreading wrong perception of inefficiency will not work for long. Because most of the categories in every segment is already covered in different countries. The only area where government is directly involved is taking more time since you need specialized brains and governments willingness/preparedness to cover, example; Nasa, security, Voting, Military and others.

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again u are selling features instead of explaining the value creation

Blockchains create efficiencies by lowering the cost, improving the record keeping and by enabling complete transactional traceability.