Distributed ledger aficionados have been telling people this for quite some time now, but the blockchain will have an impact on various aspects of life. After all, this technology is the biggest innovation in computer science, and despite facing a lot of opposition, there are plenty of opportunities to be explored.
Also read: Bitcoin Regulations, the Debate Must Go On Blockchain Goes Well Beyond Bitcoin And Finance
One way to get the concept of distributed ledger technology on the minds of more people around the world is by writing a book explaining this concept and its possible ramifications. One of the new books touching upon this subject is called Blockchain Revolution , and it will come out on May 5th.
As one would come to expect from such a book, there is a reference made as to how the blockchain is best known for powering the Bitcoin protocol. However, given the open source nature of distributed ledgers, there is plenty of room for innovation, and companies would do well to explore how distributed ledgers can impact our daily lives.
With all of the venture capital flooding into the blockchains scene throughout 2015 and 2016, it will only be a matter of time until the first distributed ledger projects come to fruition. However, there is a question as to when blockchain will become a global trend , rather than a niche market being explored by lots of parties who are not sure whether they will do something with it or not.
Most people are well aware of the consequences blockchain technology can have on the banking system, through faster and cheaper money transfer solutions. Some aficionados even feel distributed ledgers will create a cashless revolution in the coming years as cash transitions into a digital counterpart. Whether or not that will […]
