> The developed world is distinguished from the developing world often by the strength of its institutions, by the general accessibility of legal recourse, by the prevalence of trust within the society at large.
The developed world is not immune to some of the problems, namely: genuine human errors, negligence and a great uneasiness to accept the personal responsibility for making mistakes, inadvertent or out of sheer incompetence (rampant in the British culture). The latter two somewhat step into a gray area, but I digress.
Ledger databases/blockchains provide a technological solution to the problem in multiple areas where a full immutable temporal history of changes is necessary even in the developed world where the governance is strong and corruption is less frequent.
The developed world is not immune to some of the problems, namely: genuine human errors, negligence and a great uneasiness to accept the personal responsibility for making mistakes, inadvertent or out of sheer incompetence (rampant in the British culture). The latter two somewhat step into a gray area, but I digress.
Ledger databases/blockchains provide a technological solution to the problem in multiple areas where a full immutable temporal history of changes is necessary even in the developed world where the governance is strong and corruption is less frequent.