Understanding Crypto Fundamentals: Value Investing in Cryptoassets and Management of Underlying Risks

© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2023

T. JeegersUnderstanding Crypto Fundamentalshttps://doi.org/10.1007/978-1-4842-9309-6_3

3. Blockchain As a Force for Good

Thomas Jeegers¹  

(1)

Vienna, Austria

 

Men are only as good as their technical development allows them to be.

—George Orwell

While the previous chapters focused on money, revolutionary promises of cryptoassets extend well beyond the monetary sector. In particular, the underlying blockchain technology can become a force for the greater good through countless use cases. Here is just a glimpse of possible applications and their likely positive impact.

Decentralization

A few years ago, on a small Mediterranean island, the people of Cyprus learned ...