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In blockchain we trust

Wednesday, July 11, 2018 @ 9:30 AM | By Gary Goodwin

The first thing we do, let’s disintermediate all the lawyers.

Imagine a virtuous world where someone says they would do something and then actually did it. Blockchain promises to revolutionize the economy since the need for virtue simply disappears. Advocates claim that blockchain immensely raises the level of trust in the system. Alternatively, one could argue that it removes the need for trust.

Presently, we are more of a trust but verify type of society. If you want to buy a car, you search for comparable...