Today this COVID-19 crisis suddenly makes me wonder, that if we had a blockchain based real time reporting of Communicable Diseases, maybe we could have avoided a pandemic?
The top five advantages of Blockchain technology are greater transparency, enhanced security, improved traceability, increased efficiency and speed, reduced cost.
While it is difficult to predict whether Blockchain is a thing of the past and whether Hashgraph is the final answer, one thing is sure, Hashgraph definitely addresses a lot of the critical challenges that Blockchain has been grappling with.
No technology can eradicate fraud. So while Blockchain has the technology built-in to improve security, it is definitely not the answer to all fraud.