Little grammar fix (#24657)
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@ -13,7 +13,7 @@ A blockchain is built out of a combination of two different “hash-based data s
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Even though blockchain can be applied to a big range of problems, it is not the solution to everything. This technology is usually used to solve problems where the parties don't trust each other.
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Even though blockchain can be applied to a big range of problems, it is not the solution to everything. This technology is usually used to solve problems where the parties don't trust each other.
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A third party is usually needed to validate trust relationships. In the most common example, which is the banking system, a trusted authority is needed, such as a bank, to intermediate transactions, manage accounts, verify balances, and validate transfers. Blockchain then, comes in this case to replace the regulatory authority. In the case of cryptocurrencies, it replaces the figure of the bank, doing all the validations and guaranteeing the security and veracity in the transactions.
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A third party is usually needed to validate trust relationships. In the most common example, which is the banking system, a trusted authority is needed, such as a bank, to intermediate transactions, manage accounts, verify balances, and validate transfers. Blockchain then, comes in this case to replace the regulatory authority. In the case of cryptocurrencies, it replaces the figure of the bank, doing all the validations and guaranteeing the security and veracity of the transactions.
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For this reason Blockchain is also known as **"The Trust Protocol"**.
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For this reason Blockchain is also known as **"The Trust Protocol"**.
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