Blockchain and Hookers.. Who Saw That Coming?
Some of the greatest achievements of mankind owe a little something to sex. That should make the next announcement nothing new and nothing shocking. Blockchain and hookers have paired up for a match made in. . .heaven?
It’s not a huge shock, given the desire for relative anonymity that blockchain and hookers might be a comfortable pairing. The Next Web calls this the “worst named app of 2017.” SexService.Io features listings of barely clad men and women with pricing next to their name.
It does something that no other online brothel type site has ever done before. It protects the prostitute and his or her client by allowing them to hook up using blockchain technology. It is the closest thing to completely anonymous that you’re going to get. It uses no email, no user credentials of any kind and no one has any access to the data that is private, encrypted and stored on the blockchain.
It is a safer, saner and according to the “experts” a much more secure way to get a hooker. The interactions are secure in every way and the platform uses a two step digital payment methodology to process the sexual transactions. “think of it as Coinbase for your junk.”
Proponents of prostitution say that it is a 186 billion dollar global industry. For countries that are impoverished that’s a lot of money. Conservative estimates say that there are more than 3 million prostitutes in India alone. They are taking home about 8.4 billion dollars a year.
Prohibiting sex trades doesn’t seem to be working. Can Blockchain technology make them safer and help to clear up the issues that are rampant in the sex trade?
Every study available shows that a safer sex trade may be a better alternative than preventing the sex trades. Sex is big business and making it safer to get a hooker may be the answer to taxing the process and making a vast array of revenue for impoverished countries and areas.
While no one saw blockchain as the future of the sex trade and it’s a bit difficult not to laugh at “high tech sex” companies like SexService.io may be the wave of the future. What do you think?