Blockchain Tech Startups to Revolutionize People’s Lives by 2027 - (
Cryptocurrency expert and CEO of the DS Plus project Mikhail Mikhailov shared his four-dimensional vision of how blockchain technology will change average people’s lives over the next 10 years with Bitcoinist:

  • Sales records will be digitized and easily trackable: “What will finally be achieved is digitization in terms of the ownership of cars, apartments, and other things.” According to Mikhailov, It will become possible to track all records of purchase or sale of any item, digitally.

    As such, transactions will proceed openly and transparently, without the need for any kind of government regulation. Any private party will be able to determine the legitimacy of a sale without bringing in a third party.

  • Personal identification will become easy to verify: “There will be created a united blockchain wallet and personal identification device which will replace government issued ID and insurance cards.”  With this device, it will no longer be necessary to carry around keys to open doors or a credit card to pay for daily purchases. Everything will be part of a single apparatus, likely your mobile phone.

  • Digital contracts with no third party: “Business procedures will be carried out and verified via smart-contracts.” What’s more, employee salaries and other overhead expenses will be paid in a transparent way. Government audits will be simplified, if not eliminated. There simply won’t be a need for this governmental, third party, interference, in a world with blockchain verification.

  • Businesses will begin to open cryptocurrency accounts: Mikhailov believes that in 10 years, more and more businesses will see the utility in having a “crypto-account” as opposed to a traditional bank account – even outside of the tech space.

    The traditional bank may soon be obsolete as everything will be viewable on a list online.Uber and Airbnb will have to choose between switching to the blockchain model, thereby becoming transparent, or going out of business.

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