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Blockchains, Bringing Transparency and Democratizing Access to Global Finance

The Brave Technologist

CHAPTER

The Potential of Blockchain in Preventing Financial Crises

This chapter discusses the potential benefits of blockchain technology in preventing future financial crises by providing transparency and instant settlement. It explores how blockchains could have helped avoid issues during the 2008 financial crisis and how they can make failures more frequent but less damaging, leading to a stronger and more resilient financial system.

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