One of the biggest dangers in our current trading and financial system is that most of it are heavily centralized. This makes it an easy prey to attacks, failures, and security breaches that can shut down the entire market place at once.
Bitcoin, the first practical implementation of blockchain, was created after the 2008 financial crisis with the belief that a handful of institutions and people could not be trusted with the world’s finance.
Blockchain offers applications with decentralized solutions
that aim to create an internal system of checks and balances.