Does safe net make blockchain technology obsolete?

[Seneca]

@Seneca

We should probably make a new thread for this topic.

I did my best to summarize our ideas in a proper concept:

Public Ledgers and Proof of Transparency on SAFE

Proof of Transparency Aside from solving the double spending problem, the Bitcoin block-chain also gives anyone the ability to provide valuable proof of transparency. Proof of transparency can be created by providing insight into asset inputs and outputs (income and expenditures) of a party, which can be used to validate that it’s asset balance sheet is correct. That party can also be requested to account for any of their asset inputs and especially outputs. By providing proof of transparency …