Good Press for Consumer Awareness: Blockchain can bring consumer protection

http://www.coindesk.com/consumers-research-blockchain-tech-will-boost-consumer-protection/

This is an interesting article (not surprising but) consumer groups are saying that blockchain technology can bring a boost to consumer protection. No shit!?!?! We all know this because the blockchain ensures the validity of all of our transactions. The cool thing is that consumer groups are realizing this value, and consumers will as well.

They're saying: Bitcoin technology is safe, provides protection!

Here's a bit more...With interest growing in bitcoin's blockchain and distributed ledger systems more broadly, industry events are increasingly focused on highlighting applications for the emerging technology beyond the world of finance.

This has included more time and investment dollars devoted to applications in fields such as identity and security that, while not explicitly financial, play an equally prominent role in the global transactions process. As further proof that interest in the technology is widening, Keynote 2015 dedicated a speaking slot to a less-frequently addressed area of impact of the technology – consumer protection.

Topic: Good Press for Consumer Awareness: Blockchain can bring consumer protection (Read 213 times)