BLOCKCHAIN: YOUR PERSONAL CENTRAL BANK
I am constantly asked what is my vision of the future when it comes to Central Banking and Finance.
I have on many occasions talked about how I believe that we are on the precipice of what is set to become the biggest Global Financial Revolution in modern day recorded history.
This Global Financial Revolution will see both Blockchain Technology and Cryptocurrencies playing a pivotal role in this Revolutionary Transformation.
For the ones who missed my earlier Blogs on this subject, here is one of the links together with one of many slides on the topic.
https://steemit.com/steemit/@stephenkendal/a-future-without-central-banking-be-careful-what-you-wish-for-because-sometimes-dreams-do-come-true
Effectively what is set to happen in the future is that each and every one of us will have our very own unique Blockchain digitally recording every single transaction we make.
This digitally recorded DNA footprint will not only hold past recorded ownership of assets but more importantly what we own in the present.
This digital record of ownership including loans and mortgages will in essence show a Nett Asset Worth at any given time.
It will be this Nett Asset Worth that will available for leveraging future purchases.
Effectively we will all replace the role of the Central Banks..!!
Thanks again for reading.
Stephen