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Opinion: The Rise Of A Decentralized Digital Monetary System – Hon. Solomon Adae - Politics - Nairaland

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Opinion: The Rise Of A Decentralized Digital Monetary System – Hon. Solomon Adae by chuksahamefule: 8:18am On Oct 28, 2019
We are now in a network society, society is increasingly being reorganized around media access to digital information and the delivery mechanism which allows for innovations like the internet.

A decentralized society is emerging, technology is disrupting central authorities ,giving the people power to participate in every decision that affects them.

Technology has had astonishing impact on our society, but it’s greatest impact will be on our monetary system. The way we exchange values.

A true democratic process, through digital transformation will remove the powers of a few individuals called the GOVERNMENT.

Governments all over the world have realised what is coming ,unfortunately, no central authority can control it’s impact. Government can only regulate its applications and not the underlying technology.

The cryptocurrency that started it all,Bitcoin, is the first digital currency to solve the “double spending problem ” or counterfeiting problem without the aid of a central authority, such as a bank or a government, making Bitcoin truly peer to peer.

Join the Bipartisan blockchain group, National assembly to discuss “THE PARLIAMENT AND TECHNOLOGY.

Hon Engr Solomon Adaelu
Vice chairman house committee on ICT
Chairman bipartisan blockchain group National assembly of Nigeria

Re: Opinion: The Rise Of A Decentralized Digital Monetary System – Hon. Solomon Adae by nauto5: 3:05pm On Oct 29, 2019
I am learning

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