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Saturday, September 2, 2017
Here’s How Blockchain Will Eliminate Middlemen And Usher in a New Paradigm - Michael Oved, Futurism
A new paradigm of transaction execution called blockchain could eliminate the need for all of these middlemen. In a blockchain, transactions are verified by distributed nodes, and anyone can join or leave the network as they please without disrupting the network’s ability to form consensus on transactions. Instead of using a single computer to manage transactions, like we do now, we could leverage a global computer. Bitcoin was the first example of a blockchain being used to communicate value globally, with trust and without middlemen, and Ethereum extends the power of the blockchain.
https://futurism.com/blockchain-will-eliminate-middlemen-and-usher-in-a-new-paradigm/