Читать книгу Cryptocurrency All-in-One For Dummies онлайн

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One of the fantastic innovations inherent in ICO tokens is that they’re a self-clearing and self-settling instrument. In the current system for trading securities, two types of clearing agencies exist: clearing corporations and depositories. Clearing corporations audit transactions and act as intermediaries in making settlements. Depositories hold securities certificates and maintain ownership records of the securities. Blockchains perform both of these functions for tokens without needing third parties to audit and retain possession of the assets. You can learn more about ICO tokens in Book 4, ssss1, and about investing in ICOs in Book 5, ssss1.

Larger and longer-run blockchain projects that are being explored now include government-backed land record systems, identity, and international travel security applications.

The possibilities of a blockchain-infused future have excited the imaginations of business people, governments, political groups, and humanitarians across the world. Countries such as the U.K., Singapore, and the United Arab Emirates see it as a way to cut costs, create new financial instruments, and keep clean records. They have active investments and initiatives exploring blockchain. For information about how blockchain is fueling the economy of the future and why that may influence your decision to consider investing in cryptocurrencies, see Book 5, ssss1.