The blockchain initially made all the banking afraid

in blokchain •  7 years ago 

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in the modern era of modernization, communication is very practical. Humans no longer have to wait for days to get an electronic reply or email. In addition to emails, phones, video calls, short messages, pictures, videos, everything can be sent directly from A to B without any time difference, no matter the distance between the two. This happens because of the technological sophistication that not only cuts down time but also the intermediary of communication-like

The post office-which now feels no longer relevant and practical
now, the post office now serves more as an inter-goods provider than a mail service broker. Similar developments also occur in the world of financial services. To be able to transfer from A to B, a person needs a financial institution, such as a bank as an intermediary. But beyond that there is Blockchain as an alternative.
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Born in 2009, Blockchain technology was created to completely overhaul the circulation scheme. By the way, transactions between A and B can occur without intermediaries, in a shorter time, cheaper, and even much more secure, than transactions offered by banks or other similar institutions.

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Good Job Fri...

thank