> what about current infrastructure makes it less efficient than blockchain for your examples? This is complete conjecture, mainly because I'm not sure if I fu

> what about current infrastructure makes it less efficient than blockchain for your examples? This is complete conjecture, mainly because I'm not sure if I fully understand his question, but would less human interaction increase efficiency of current financial networks/institutions? Sure, small transactions in mainstream financial institutions don't need oversight as fraud prevention is adequate and easy to interact with, but large wire transfers and escrow accounts probably mandate a set of human eyes for supervision (again, just conjecture). That's something smart contracts can eliminate.