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Review on ABCC by thanh tan
Decentralized and distributed, blockchain technology is offering us…
Decentralized and distributed, blockchain technology is offering us fundamentally
different solutions to many problems. It helps build trust and consensus based on
cryptography rather than relying on a trusted central party so that economic
activities can take place and capital can flow across borders frictionlessly.
Pros
- Satoshi Nakamoto, the pseudonymous “creator” of Bitcoin, published his Bitcoin White Paper “Bitcoin: A Peer-to-Peer Electronic Cash System” in 2008 and subsequently mined the Genesis Block in 2009. Vitalik Buterin launched Ethereum, which can execute smart contracts, in 2015. Blockchain technology has been disrupting a wide range of industries at an exponential speed.
Cons
- As blockchain-based asset digitalization is becoming a new trend, more and more investors are adding digital assets to their investment portfolios. There is increasing consensus to democratize the digital economy so that everyone can participate and enjoy the benefits brought about by blockchain technology.
