Public blockchain technology has enabled us to exchange value and code on-demand mechanics that define and execute contractual obligations between participants without necessarily resorting to a legal system. The feature of near real-time settlement and the capability to condition it programmatically have redefined the very concept of credit.
We acknowledge the scale of possibilities brought about by this new paradigm shift, and we are humbled to have the opportunity to build upon them. Being in a position to impact the future of finance by helping pave the road to the ultimate freedom of economic association and exchange of value among individuals and businesses is utterly compelling and rewarding at the same time. Everything we do and every piece of technology we create will reflect this attitude. This is precisely why we have opted to build upon permissionless, censorship-free, immutable distributed ledgers.
The year is 2018, and blockchain is only the beginning.
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