Efficiency, in my opinion, is half the story in democratizing financing and investment with blockchain technology. I have delved into the price discovery, agility, and matching aspects of efficiency in the previous three chapters. The other half of the story, which is often overlooked in similar discussions, is what kind of efficiency that comes out of a solution: Is it where one powerful entity dictates and others follow to pick up scrubs, or is it where constructive interactions take place among all stakeholders? I believe in the latter, because it is a more robust efficiency. In the last two chapters of this 9-part series, I will discuss transparency and standards that guide us towards achieving that goal.
This is the exert of an article published by us on our Medium channel: https://medium.com/@IdeaFeX/make-blockchain-work-ch-8-transparency-3759d89ecf63
