Well, lets use the word “BLOCKCHAIN” and have it include its equivalents (Tangle, Graphs, etc.).

Blockchains are programming techniques to allow AUTOMATION of task concerning monetary value without needing 3ed parties (like Banks, Brokers, Insurers, Governments, etc.) as “trusted intermediaries”. In essence it is the platform to automate ALL financial activities, putting a lot of bankers etc. out of a job.

In addition, if properly decentralized, they provide redundancy and the inability to change any records or transactions and its impossible to shut it down.

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    1. TRUTH(@i-am) Post author

      I’m not sure what you’re getting at,,, I guess you could consider “Governance” a “non-monetary” use case,,,but I think it ONLY ever gets used in cases where there is some dispute or needs to decide what is happening to the “money”…. Even VeChain (supply tracking) is about “monetary tracking” and automation as to eliminate the possibility of fraud that currently takes place…..

      could you describe more?

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