High rate of Blockchain illiteracy still makes me sad.
Note: Blockchain illiteracy as mentioned above is not an insult, they are individuals with low(unaware) Blockchain knowledge.
With the development of Blockchain/Crypto/Web3, low knowledge about all this still makes me sad.
Even with the Advancement in Technology, so many people around us ain't still aware, which makes almost everyone suffer.
Recently, i made a transaction through my bank, Unluckily for me, the Money was'nt received by the suppose receiver but i was debited.
I had no option than to visit the bank to lay a complaint about the transaction error. Behold, i spent 8hours trying to get access into the bank due to the large number of bank customers coming to the bank for various reasons. The population of customers that day was about 500+ and i happened to be number 346.
The funny part was that the bank couldn't resolve the issue, because they where also facing Network challenges.
The issue of bank Transaction error in my country is very common, that is why citizens in my country prefer accepting Fiat(Cash) than accepting Bank Transfer. And also, the issue of Fake Alert transaction which is also common.
Crypto transaction error occurs sometimes, but it is not that common compare to banks.
The point of this topic is that -
- Why don't banks just adopt the decentralize system where transactions runs smoothly and transparent ?
In conclusion
I think Hive community can join forces to help this suffering citizens. If we enlighten people around us, and everyone makes the decision to start using Hive token or any other token for transaction, less issue will arise and most banks will be forced to changing their centralize structure.
Let's try to resolve this by dropping our opinion.
Thoughtful
Hive donation @sahidclement10
Hivepower delegation @sahidclement10.