Too Long; Didn't Read
From banking to voting, the arrival of blockchain technology is transforming industries across the board. The technology boasts a faster and safer data transfer than previous methods; making it applicable to many aspects of business and personal life. However, one industry which could benefit most is yet to implement the tech, and you’re paying the price. While you may not find transferring money overseas too troublesome, you would also find a horse-drawn carriage practical, had you not seen the car. The reality is, the process of transferring money is slower, more expensive and more vulnerable than it could be using blockchain technology.