There’s a reason why none of the seemingly insurmountable roadblocks have stopped blockchain's advancement. Even in the face of public scrutiny, an initially poor reputation and severe volatility, cryptocurrency, the most popular use case for blockchain tech, remains a prized emerging phenomenon. This is partially a result of the unparalleled security that blockchain technology brings to transactions.
Distributed ledger technology provides a complete public record of all transactions, something that prevents lost funds and fraudulent transfers. Fiat currency does not provide this assurance, often at considerable cost to users. Even when used digitally, there is no public reference available to determine where money went – allowing many vectors for theft.
Read the details in the article of Coinidol dot com, the world blockchain news outlet:
https://coinidol.com/crypto-to-product-no-fiat-no-fees/
