How The Blockchain Can Rework The Financial World

However there may be absolute consensus on the brilliance and ingenuity of the design. Nakamoto, whoever he or she may be, solved many thorny problems by inventing the blockchain. In reality, 'he' found potential options to problems that ‘he’ might not have even considered. The Bitcoin has no central database or bank. The blockchain is a distributed digital ledger. It is open supply. What's the remedy? The remedy is with the Union government and in particular the home ministry. They must see what the governor is doing and tell him what is right, however they don't seem to be doing that. As they appoint the governor it is of their energy to recall him or advise him. He is purported to act on the advice of the cabinet which is clearly acknowledged in the Constitution, and as an IPS officer he should bear in mind of that.

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