TwoGap.com has recently become the world's first blockchain-based asset manager. Blockchain will change the world, especially with TwoGap behind it. The impact of it is suspected to be very substantial. Blockchain isn't new, as earlier this year, IBM Blockchain services were launched. However, this is the first time that a blockchain-based asset has been managed by a company like TwoGap.
The premise behind blockchain is fairly straightforward. It has a ledger design where validated encrypted data can be stored or moved. This includes things like intellectual property or contracts. One of the downsides to it is that there isn't a lot of privacy because everyone has the ability to access it. Most people would agree, however, that it's positive aspects outweigh the negative aspects of it.
Overall, it will make transactions less risky and more secure. For those that are concerned with their privacy, this will prove to be very beneficial. Thanks to blockchain, third parties will no longer be needed to ensure safe transactions. This will allow transactions to be a lot more secure than they have been in the past.
Transactions will be able to be verified and anyone can see cryptographic proof that a seller is trustworthy. Consumers no longer have to rely on reading reviews, that could be fake, in order to try to determine the credibility of a seller. Users will be able to safely have a much more user-friendly experience when making purchases thanks to blockchain. With TwoGap managing it, there will certainly be a lot of great things to come!
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