When bitcoin initially came on to the financial playing field in 2009, little note was taken of the fledgling technology. As the years have passed, it has received applause and criticism. However, bitcoin as a currency has not experienced the same staggering rise to fame as it’s underlying technology.
Sourced through Scoop.it from: bravenewcoin.com
By B Holmes. Blockchain technology has taken on many different forms, attracting attention from the financial industry, insurance firms, regulatory bodies and many more. It’s potential to disrupt bureaucratic systems in new and interesting ways is tempting both large organisations and governments. One specific aspect is the smart contract.