Blockchain Revolution

2. Moving Value: Daily, the financial system moves money around the world,
making sure that no dollar is spent twice: from the ninety-nine-cent purchase
of a song on iTunes to the transfer of billions of dollars to settle an
intracompany fund transfer, purchase an asset, or acquire a company.
Blockchain can become the common standard for the movement of anything
of value—currencies, stocks, bonds, and titles—in batches big and small, to
distances near and far, and to counterparties known and unknown. Thus,
blockchain can do for the movement of value what the standard shipping
container did for the movement of goods: dramatically lower cost, improve
speed, reduce friction, and boost economic growth and prosperity.