Blockchain can empower individuals from "summary" of Blockchain Revolution by Don Tapscott,Alex Tapscott
Blockchain technology has the potential to shift power away from centralized authorities and towards individuals. By enabling peer-to-peer transactions without the need for intermediaries, blockchain can empower individuals to have more control over their own data, assets, and identities. This shift has the potential to revolutionize various industries, from finance to healthcare to supply chain management. One of the key ways in which blockchain empowers individuals is through the concept of self-sovereign identity. With traditional systems, individuals must rely on centralized authorities to verify their identities. This can be cumbersome, costly, and prone to security breaches. However, with blockchain, individuals can have more control over their identities by storing their information on a secure, decentralized ledger. This not only enhances privacy and security but also gives individuals the ability to selectively shar...
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