The announcement in 2009 of a person under the pseudonym Satashi Nakamoto that he successfully created the first digital electronic money transfer platform was the dawn of a new world of transaction implementation between natural and legal persons.<\/p>\n
Blockchain technology solves a fundamental trading problem, that of the intermediary who must have the confidence of both traders (trusted third party), which it transfers from the banking system to a completely transparent algorithm.<\/p>\n
by Thanos S. Chonthrogiannis<\/strong><\/p>\n \u00a9<\/em>The law of intellectual property is prohibited in any way unlawful use\/appropriation of this article, with heavy civil and criminal penalties for the infringer.<\/em><\/p>\n In this way, the role of the intermediary in a transaction is abolished as well as the relevant regulatory frameworks governing them, for proper functioning, as well as all kinds of artificial and physical borders in the parties that make up a transaction, now building a completely new framework of transparency and trust.<\/p>\n Now, it is purely the choice of some participants not to disclose their identity in the transactions. However, this issue can also be regulated by the community of trading participants.<\/p>\n The mere fact of the existence of a platform where data can be exchanged securely, and without being able to deny our identity as information providers, creates new data which reverses the way a multitude of commercial models operate. More specifically:<\/p>\n We are not talking about the payment of items from stage to stage (via digital currencies), but mainly about the exchange of information.<\/p>\n This information will include characteristics of the goods, transport conditions (which will be recorded and cannot be changed by anyone after) and all stages passed, from the producer to the last consumer in a transparent manner.<\/p>\n The highest level of transparency offered will enhance confidence in disputed areas such as organic products and their life cycle, the transport chain from the factory in China to the shelf of the toy store, the monitoring of the conditions for the processing and transport of sugar, etc.<\/p>\n Essentially blockchain technology also allows sub-cent transactions.<\/p>\n We can see these transactions on platforms operating photovoltaic parks or renewable energy sources exchanging small amounts with each other to make the consumption of all kinds of electrical appliances as optimal as possible.<\/p>\n","protected":false},"excerpt":{"rendered":" The announcement in 2009 of a person under the pseudonym Satashi Nakamoto that he successfully created the first digital electronic money transfer platform was the dawn of a new world of transaction implementation between natural and legal persons. Blockchain technology solves a fundamental trading problem, that of the intermediary who must have the confidence of … <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[163,6],"tags":[306,308,309,307],"class_list":["post-500","post","type-post","status-publish","format-standard","hentry","category-corporates-businesses-industries","category-publications","tag-blockchain-technology","tag-chain-supply","tag-intermediary","tag-transactions"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n
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