The future of finance

Blockchain and cryptoconference can convert financial system.

In today's world, after carrying out transactions, especially after the advent of online banking, it has become relatively easy process.

However, the system is not perfect because it includes many intermediaries such as banks, credit card companies and swift networks.

Since many parties are involved, it may be the cost of higher administrative and transaction, which is usually sent to the beneficiaries and recipients.

Entering the BlackBerry does not require third parties, so the transaction is unlimited with a low fee. The removal of the mediators creates an autonomous, autonomous business model.

Even technicians like IBM, Microsoft, Google and Facebook have started experimenting with Blockchain Technology.

According to Forbes, the Forbes Global 2000 list is the largest 10 public companies in the world, exploring blockchains and making their own mark with at least 50 major name technologies.

Although the Blackchain technology is still in his childhood, it is widely used worldwide, because it is BitCin and Ether (which is based on atherium blockchain) Cryptococurinus Backbone.

In Zimbabwe and Venezuela, for example, cryptographers are increasingly becoming increasingly popular, since the country's currency options have been badly affected by Hydronflation.

And Palestinians in the Gaza Strip also are coming back to CryptoCoulence due to no access to PayPal.

Cryptocurrency cross-border trade makes it easy, allowing them to reconnect with their global economy.

Also, the new blockquen protocol and daps - or decentralized applications - have entered the scene hoping to introduce a more transparent system for the mortgage sector.

It does not require intermediaries, house buyers can also look at lower fees.

For example, Fusion is a blockchain that integrates smart agreements so that cell vendors, buyers and brokers can communicate with "trustworthy" fashion.

The borrower has remembered that if the borrower can not refund the loan, then the financial institution will immediately get the custody of the property through the self-effective legal agreement of the Smart Agreement.

Outside of this, the Fusion Protocol will allow property owners to "tokenize" their homes, giving them complete ownership of their assets in secure and tamper-free distribution batteries.

If you want to know more, Fusion's founder Dejan Kian will present The Future of Value Transfer on the first day of 2018 on the block day 2018 at the Shangri-La Hotel in Kuala Lumpur on 26th and 27th September. .

From 24th and 27th September KL BlockChen will be able to get you the network with the development of technology based on Blockchain, which includes a hackathon.

Those who are interested in participating VIP tickets can receive 40% of the 40% US $ (RM1,860) or US $ 375 (RM1,550) charges during the checkout at the BLOC40D, but this offer is limited to only available time. See www.blocfest.asia for more information.