Not bitcoin but the blockchain technology will revolutionize everything

The real revolutionary thing about bitcoin is not the coin itself. As we explained in our much-discussed Summer 2015 cover story, it’s the underlying blockchain technology that has a unique potential to transform how people and businesses co-operate. Now, The Economist shows how the technology is being used in other areas outside banking to get rid of the middleman and fight corruption. The blockchain, described as “a machine for creating trust,” brings transparancy and spreads democracy to different sectors. A must-read for anyone interested in knowing what’s ahead of us.

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Not bitcoin but the blockchain technology will revolutionize everything

The real revolutionary thing about bitcoin is not the coin itself. As we explained in our much-discussed Summer 2015 cover story, it’s the underlying blockchain technology that has a unique potential to transform how people and businesses co-operate. Now, The Economist shows how the technology is being used in other areas outside banking to get rid of the middleman and fight corruption. The blockchain, described as “a machine for creating trust,” brings transparancy and spreads democracy to different sectors. A must-read for anyone interested in knowing what’s ahead of us.

Solution News Source

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