Page 49 - Understanding EOS TojuKaka FlipBook
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thefts, reversals in transactions, etc., cannot be
tolerated in a world of automation, robotics and IoT.
We need a more secure, efficient, decentralized and
trustworthy system.
The blockchain is what is bringing the security element to what
will be the new internet. The blockchain is one segment of the
stack but everything is going to get rebuilt and redeveloped in a
secure fashion. We are building systems in a way where you
don’t have a centralized authority, you have decentralized or
distributed authority. Which is basically creating meritocracies.
We’re giving power back to the people. It’s about changing
everything. We are literally building the world from the ground
up. It’s kind of a big deal.
– Brock Pierce.
Why dApps?
Facebook CEO, Mark Zuckerberg, is aware of the
ever-growing need for decentralization and trust. This
is why he decided to use a decentralized system when
he proposed to build an application called Libra.
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