The writer of this statement looks at ICOs from the perspective of finance, and fails to mention that majority of ICOs use blockchain as their underlying technology where their goals often include providing transparency, immutability and removal of third parties like banks and financial institutions to cut the cost of financial transactions. If anything blockchain and smart contracts are here to improve regulations or substitute them as the technology matures. There is no single word in this definition about the blockchain or smart contracts.
Comments
Creation Blockchain Projects.
Get in Touch with Us
Thanks