<p><strong><span style="font-size:16ptpx"><span style="color:#000000"><span style="background-color:#ffffff">Centralization refers to any system in which trusted parties are required. Before cryptocurrency it was impossible to conduct business without trusted parties like banks or money transmitters. The Internet is the first truly decentralized technology as its very structure gives equal voice to all participants. Blockchain technology is an evolution of that original ethos of the Internet and it promises to decentralize many areas of human life beyond just currency.</span></span></span></strong></p>