Veritaseum is a highly disruptive revolution in finance, investment and value. It uses blockchain technology, smart contracts and distributed computing to aid industries and entities suffering from high economic rents, undue friction and gross inefficiencies. Describing Veritaseum is actually very simple, but that description is often frustrated by:
Lingering concepts of the legacy institutional business models that Veritaseum seeks to disintermediate;
Ingrained prejudices towards leaps in technological capabilities, particularly in the first industry that we're moving to disrupt - finance.
At it's simplest, Veritaseum is the gateway to peer-to-peer capital markets. It allows any two or more individuals to deal directly with each other in transactions of value without reliance on centralized or authoritative third parties. They can do this without concern for typical legacy credit or counter-party risk. Phenomenal, right?