There are great predictions on the potential of blockchain-based solutions to “revolutionize” everything from financial markets to the very way that we outright recognize human identity for billions of people around the globe. Initial solutions on blockchain were more centered around the financial industry, but the trend has shifted now to address a wide array of sectors, and the majority of them have a social impact. In the current world, technology is empowering society to research with new solutions and business models. Blockchain is a kind of technology that has the power to deal with significant inefficiencies and transform operations in the social sector and to improve our lifestyle. Blockchain’s inherent characteristics of immutability, decentralization, and transparency help build trust across multiple systems.
CITATION STYLE
Swammy, S., Thompson, R., & Loh, M. (2019). ICO regulatory and reporting framework. In Crypto Uncovered: The Evolution of Bitcoin and the Crypto Currency Marketplace (pp. 149–168). Palgrave Macmillan. https://doi.org/10.1007/978-3-030-00135-3_8
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