- Cryptocurrencies and blockchain technology are representing a significant trust in math and logics
- To succeed in this generation, individuals should trust the blockchain technology
- Though cryptos have shifted the trust from human behaviour to math and logic, still everything is about human behaviour only
- Individuals do not lack trust in the cryptography or protocol, but they don’t trust the tokens itself
In a decade, the adoption of cryptocurrencies and blockchain technology has brought a generational shift in the world. Without hampering any traditional policy, these technologies have eased economic, legal, and political systems. However, blockchain technology has changed the nature of trust. In a recent tweet, Brendan Blumer, the co-founder and CEO of “Block One” mentioned that virtual currencies had brought a significant shift from the trust in human behaviour to trust in maths and logic.