There are a huge amount of benefits from free copying and distribution of data in the modern world. However, there can be even more profits, when this useful information is unique and resistant to forgery and copying.
For example, even extremely complicated financial transactions are much easier, reliable and safer to make with the help of distributed network power. And Bitcoin is based exactly on this principle.
The blockchain system, which is the main basis of Bitcoin, allows users to exchange cryptocurrencies without intermediaries, and they don't even have to trust each other, also there is no any delays and rates are significantly lower.
In case if a user in one part of the world decides to transfer to another 30 thousands USD, banks can take a commission of several % and require the recipient to provide documents confirming the legality of the origin of the funds received. In the case of cryptocurrency, this is impossible, because one of the other advantages is that all data which this system contains is strictly confidential.
In addition, the blockchain system itself can be adopted not only for financial needs but also for other industries that use information. Thanks to the reliability of data recording, the ability to get acquainted with the status of the situation at any time and resistance to external interference are extremely useful features.
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