'Those who came before us made certain that this country rode the first waves of the industrial revolution, the first waves of modern invention, and the first wave of nuclear power, and this generation does not intend to founder in the backwash of the coming age of space. We mean to be a part of it—we mean to lead it.'That was President Kennedy more than a half-century ago.
Far from being shrouded, financing done using blockchain is entirely decentralized, secure, and transparent—that is, in fact, its defining feature. Transactions done through this new medium can't be done without an intermediary because the technology itself makes separate ledgers that can be tracked forever. It's far easier to smuggle the bag of cash earned from the sale of stolen art than it is to transfer money through blockchain.