Blockchain will allow you
to check the trading
partners and register your
personal data
In March 2014, a new
version of Blockchain,
which allows you to not
only record payments, but also record information. It can be used to compile open databases -
for example, land cadastres, or register contracts online, because an open database allows you to
check information about a partner.
Also in Blockchain you can register goods and other valuables. For example, a car buyer will
receive from the seller a chain of data about the car to make sure that the car is bought legally,
and not stolen, is not secured, and so on. In these cases, Blockchain will replace the business of
intermediaries, notaries and even government agencies. But to make the replacement equal, users
should be sure that there is all possible information in the database.