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Blockchain Technology is a decentralized system, and there is no need for third-party involvement, which means less money spent on intermediaries and more money saved by the end-users. Furthermore, all transactions made through Blockchain are safe, secure, and transparent, as any network member can easily see records. There is also the feature of smart contracts, which will ensure that both parties stick k with their part of the contract without any hassle.

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©2015 Bloomberg News NO085L6KLVRG (Bloomberg Politics) — Wanted: Elephants suspected of bilking American taxpayers. Arizona Senator John McCain released a report Thursday “highlighting, naming and shaming outrageous pork projects funded with your taxpayer dollars,” and it singled out those profligate pachyderms for the $50,000 grant they—or, presumably, those who research

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