BLOCKCHAIN: YOUR PERSONAL CENTRAL BANK
I am constantly asked what is my vision of the future when it comes to Central Banking and Finance.
I have on many occasions talked about how I believe that we are on the precipice of what is set to become the biggest Global Financial Revolution in modern day recorded history.
This Global Financial Revolution will see both Blockchain Technology and Cryptocurrencies playing a pivotal role in this Revolutionary Transformation.
For the ones who missed my earlier Blogs on this subject, here is one of the links together with one of many slides on the topic.
Effectively what is set to happen in the future is that each and every one of us will have our very own unique Blockchain digitally recording every single transaction we make.
This digitally recorded DNA footprint will not only hold past recorded ownership of assets but more importantly what we own in the present.
This digital record of ownership including loans and mortgages will in essence show a Nett Asset Worth at any given time.
It will be this Nett Asset Worth that will available for leveraging future purchases.
Effectively we will all replace the role of the Central Banks..!!
Thanks again for reading.
Stephen
Awesome, I've chained pens all over my body in preparation :)
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I just repaid a $500 bitUSD loan on Open Ledger and made some profit on appreciating assets while I had it.
I definitely felt like a central bank, but one that is shorting the USD. :)
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nice Post bro
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nice posts @stephenkendal thanks for sharing
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Great post. Completely agree on this one. It's one of the only ways I can see blockchain being applied to banking.
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Thank you. I appreciate the comment. Stephen
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Great Post.. Keep the great job
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Thank you, I appreciate that. Thanks for the support. Stephen
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Blockchain is the future. I can't even imagine what the world will look like in 20 years. So much is going to change!
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I could not agree more. People will look back in 20 years time as Blockchain manages everything just like we are today looking back 20 years ago at a time when the Internet was first coming out. Stephen
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I know. I'm excited. Who knows what else Killer apps people develop for the Blockchain. Get paid to Live life? Steemit is a killer app, getting paid to post, comment, and curate content.
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This shit is the future! Love it!
Banks will probably try to fight this - but they will lose in the long run. Nothing can beat the Blockchain!
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The Internet has been waiting nearly +20 years for Blockchain Technology. Short from switching the Internet off, like you say NOTHING will stop Blockchain taking over. Not even the Banks..!! Stephen
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Shared on twitter. Stephen
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The thought that we are right here in the beginning stages of a global financial gamechange is mind blowing. It seems like every 20 years or so technology takes a massive leap. This may be the biggest leap of all.
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I do hope that we can somehow link family members' blockchains together if it was chosen by them so all can benefit. As much as I like having control over my own finances and I am not a parent but I have a Mother, brothers and sisters, as well as nieces and nephews I would like to be able to leverage my personal assets to help all of them over the long term. (Makes sense to me lol)
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Blockchain, winner! :) Thank you for sharing @stephenkendal
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Future was yesterd… no, it was even earlier!
https://steemit.com/comic/@lighteye/b-c-stands-for-blockchain-march-28th-2017
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