The Internet of Value is enabled by blockchain from "summary" of Blockchain Revolution by Don Tapscott,Alex Tapscott
The internet has transformed the way we exchange information and communicate with one another. However, when it comes to transferring value - such as money, assets, or property - the process is not as seamless. Traditional financial systems are slow, expensive, and often require intermediaries to facilitate transactions. Blockchain technology has the potential to change all of that. By enabling peer-to-peer transactions without the need for intermediaries, blockchain can make transferring value as easy as sending an email. This is what we call the Internet of Value. With blockchain, every transaction is recorded on a decentralized ledger that is immutable and transparent, ensuring that all parties involved can trust the integrity of the transaction. This eliminates the need for trust in intermediaries, as the technology itself ensures the security and validity of each transaction. By enabling the Internet of Value, blockchain has the power to democratize finance and empower individuals to take contro...
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