why blockchain important?

Why is Blockchain Important?

We should care about blockchain because the removal of a central authority and use of smart contracts (codable contracts/business actions) empowers different types of business models, processes and industries by potentially removing a whole layer of administration from the system. It is not just about commercial transactions; information exchange could also happen in the same way.

Companies must meet specific regulatory filing requirements for their regular corporate reporting to make them accessible to the public. For listed companies, there are reporting requirements embedded within domestic and European law which require certain documents and communications to be submitted to the Official Appointed Mechanism (OAM). However, the multiple differing filing mechanisms across Europe make it difficult for users to find a single source of corporate filings which they can be sure is up-to-date and matches the official version.

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