Prevailing Complications of the world
- Movement of legalized currency
- Omnipresent Corruption
- Cumbersome Land Registration process
- Private and Business Loan Procedures
- Ineffectual Provenance
- Decentralized Businesses
- Unavailable Low-cost Education
- Unable to track the movement of goods
- Ineffective Insurance System
- Confused Voting System
- High Interest Micro Payments
- Mismanaged Medical Records
- Expensive Patents and Copyrights system
- Lack of Transparency
- Devoid of ‘sharing’ economy
- Presence of Hierarchical Institutions
- Dominance of Legacy Organizations
- Absence of Contribution based reward system
- Complicated to legal system
- Obscure accounting practices
Actually, this is an endless list. What I pointed out is just tip of the iceberg.
Solution
Blockchain
Wake up ! Let us join come together to create a brave new decentralized universe with this disruptive technology.
Srini