Blockchain Revolution

Implications for the Blockchain Economy: In the digital age, technological security is obviously the precondition to security of a person in society. Today bits can pass through our firewalls and wallets. Thieves can pick our pockets or hijack our cars from the other side of the world. As each of us relies more on digital tools and platforms, such threats have multiplied in ways that most of us do not understand.

With the bitcoin blockchain, with its more secure design and its transparency, we can make transactions of value and protect what happens to our data.

5. 
   Privacy
   

Principle: People should control their own data. Period. People ought to have the right to decide what, when, how, and how much about their identities to share with anybody else. Respecting one’s right to privacy is not the same as actually respecting one’s privacy. We need to do both. By eliminating the need to trust others, Satoshi eliminated the need to know the true identities of those others in order to interact with them. “I’ve spoken to many engineers and computer scientists, and they all tell me— every single one—‘Of course, we can embed privacy into data architecture, into the design of the programs. Of course we can,’”³³ said Ann Cavoukian.