
Originally Posted by
baldrick
there is much hype at the moment about etherium blockchain and the ability to create smart contracts in the blockchain - Dapps is the new buzzword - which will make it easy for people to make secure microtransactions via the etherium blockchain with the cash ( ether ) in escrow on the blockchain and only released when both parties agree or in the case of a disagreement then a thrid party will be selected randomly and by reputation ( reputation is stored on the blockchain as part of your encrypted blockchain identity ) and they will have the power to cast the decider.