Make Blockchain Work (Ch 2): Access

in #ideafex5 years ago

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In the last chapter, I discussed how flexibility afforded by blockchain technology empowers financing and investment. Today, I examine a quality that is the other side of the same coin but meaningful in a different dimension — access.

To many blockchain enthusiasts, access is almost a religious issue: a leading slogan of Bitcoin supporters is that anyone with internet connection can be banked. In financing and investment, this aspect is more nuanced. Simply put, while blockchain lowers the bar from a technology standpoint, without care the market can easily be flooded with scams. In turn, scams can fatally damage the market, resulting in diminished access — back to square one.

The type of access that I talk about is access to good financing and investment opportunities, with real-world assets, by audited fundraisers, open to informed investors. It is essentially the other side of the same coin to flexibility.

This is the exert of an article published by us on our Medium channel: https://medium.com/@IdeaFeX/make-blockchain-work-ch-2-access-39dab58fbf6d

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