Summary

  • At this point, most people either eye-roll or get excited at the mention of blockchain, the system behind Bitcoin and other cryptocurrencies that logs transactions across a network of computers, making it impossible to cheat and creating an immutable record of each deal or exchange.
  • Anyone can create a blockchain, and its open-source nature has led to a host of imitations, some more successful than others, as well as novel uses for the technology, from tracking the origin of fish to proving the authenticity of luxury goods.
  • While it suffers from the same libertarian excesses that have dogged the cryptocurrency boom, from scams to staggering carbon footprints, blockchain technology continues to attract interest, investment, and, consequently, experimentation.
  • There are a lot of problems to solve and a lot of eyes on the blockchain, so stay tuned.

Original Article