Bitcoin, with it’s public ledger will evolve in a
transparent and certified system. The traceability, and all the other
ways of data storing annexed to it can ultimately reduce frauds, forcing
key financial systems to assure responsible behaviours, something that
the current Moral Ethic does not guarantee.
The Bitcoin Blockchain is based on cryptographic proof
rather than trust upon financial institution, and its process is
extremely transparent.
The Blockchain will guarantee improvements in organizing
business operations, ranging from investor’s accountancy, to protecting
the consumer.
The people that keep track of financial/banking
accountancy are today in the ideal position to consider the benefits and
the cons of Bitcoin, and decide how this new technology will operate
inside their business model.
Hence, the administrations of industrial companies
should be the first to appreciate the practical-logistic use of Bitcoin
to solve and improve the monetary problems with their clients.
We’re talking about an epoch change, not just about Bitcoin:
The invention of the Blockchain and of the decentralized
consensus will reduce in a significative way organizing and
coordinating costs on large scale systems, and at the same time will
reduce the opportunities of power concentration, corruption and State
failing.
Considering the challenge, and Bitcoin’s bright future, shouldn’t we all take part in the debates that shape this innovation?

Author: Francesco Simonetti, CEO & Co-Founder HolyTransaction