Odaily News Franklin Templeton published a blog post saying that the real value of cryptocurrencies and blockchain is that they can reduce the cost of trust by eliminating trusted intermediaries and enabling trust minimization systems. The additional functions and applications brought by these technologies further This core advantage is magnified. As intermediaries are eliminated from economic activity, all remaining actors involved in the process realize substantial economic savings. Cutting out middlemen means fewer people to feed and greater cost efficiencies. Additionally, fewer parties naturally lead to lower counterparty risk.