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Blockchain-->View question

What is the middle man concept in blockchain?

Heard many times that blockchain and cryptocurrency staff will remove the middleman and bring more transparency to the industry. Can anybody explain to me who is this middleman and how transparency will come after removing it?


Asked On2022-04-29 17:56:00 by:rajputriya

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In the blockchain market, there is no middleman. middleman in a sense like banks.
for example, when making transactions from one country to another, banks in between are involved and also take taxes and all. However, in crypto coin exchange one can pass coin with no middle gang involvement. In the crypto market, no one is there to hold your money like(a bank or broker). you're in charge of it.

Answerd on:2022-05-04 Answerd By:rajputriya

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