Today, whether by fashion or by other conditions within society, we are experiencing great changes in the way we identify with new existing technologies, especially with those related to the socio-economic field. The blockchain is one of the great feats that society has achieved because it has allowed us to move from the exchange of information that has meant the development of the Internet in these years, to the exchange of value and trust.
"This was the key and fundamental piece that needed to be added to the Internet." In this new internet of value, all those who have dedicated themselves to intermediating with moving value or moving money over the Internet are eliminated. If you have a business that is based on intermediating you are doomed to disappear in the future, because blockchain offers that in a decentralized, cheaper and safer way.
Said in a simpler and simpler way, the internet until then allowed us to obtain information about who owns a car, for example, but does not allow us to certify that a car is our property without the intervention of the Property Registry.
With the blockchain that certification of the Registry would be possible due to the reliability of the network and we would not need any paper to guarantee these. With this technology there is a change in regulations in this regard, the role of registries, notaries, law firms and other similar actors could disappear or would have to be redefined.
Emphasizing thinking about the future, the blockchain has many social and business utilities. For example, if all governments followed in their footsteps, they could work on a more participatory democracy with greater control over public expenditures, among other things. But what happens in the business world?, In the corporate world, the future of blockchain is going to make the processes more efficient, cheaper and improve the quality of service than we have in today's processes, a point strong in this is that it would eliminate corporate bureaucracy.
Blockchain technology is increasingly creating operational efficiencies in any field and new opportunities in the new markets that are under development. Its practical applications are limited only by the imagination and effort of entrepreneurs, visionaries and enthusiasts who will use technology to transform the world around us.