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With the Qin Block technique, large numbers of people around the world will be freed from the power of banks and the high cost of their use, but the banks themselves can benefit from it to make their work more accurate, cheaper and safer.
"Many small banks around the world do not have the facilities available to global banks, which makes them rely on the mediation of large international banks, at high cost, to complete many of their banking operations, when some of these small banks began to use technology Block Qin in its dealings without going through the world banks, the largest banks formed a union to try to defend its vital field.
The World Economic Forum published a report entitled "Block Qin will become the" heartbeat "of the global financial system." This technology will reduce bank fees and reduce human errors, which could fortify the global economy against financial bubbles. "
The report notes that "in the early adoption of these technologies, strikes may occur in the economy and may lose a large number of employees in the financial sector and their functions, and reduce the damage requires the cooperation of financial institutions between them to ensure the general interest of all.
The most important future benefits of technology stand out in the area of maintaining privacy, it provides the possibility of conducting transactions, whether commercial or otherwise without the need to exchange personal information, Block Qin technology and the chain of trust give the company confidence that the programmer qualified and work excellent without requiring a central party to prove this and without Provide information or personal details.
"Banks are not alone in controlling the lives of millions of people and deciding their fate. Internet companies such as Facebook and others have also become huge repositories of personal information in public and controlled by these intermediary companies," said Block Technology expert Mike Schwartz. How we deal with each other and even interfere in our social relations. In contrast, the use of Block Qin techniques will make us get rid of this central police and allow us to share what we want without the need for brother
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