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Author Topic: [2015-12-14]Troy Wolverton: Real Bitcoin revolution might be blockchain software  (Read 153 times)
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December 15, 2015, 03:13:59 AM

You might never use Bitcoin, but there’s a good chance that eventually you’ll benefit from the technology underlying the virtual currency.

The designers of Bitcoin didn’t create only a new kind of money. They also essentially created a way of transmitting, recording and verifying information about ownership over the Internet.

That system, called the blockchain, in some ways is comparable to the protocols used to send Web pages or email messages and could have similarly wide-ranging implications with the potential to impact everything from real-estate transactions to voting.

At the Future of Money and Technology conference in San Francisco this month, investors, analysts, artists, Bitcoin backers, entrepreneurs and technologists discussed and enthused about the potential uses of blockchain technology.

"The economy depends about as much on economists as the weather does on weather forecasters"  Jean-Paul Kauffmann
"The risk / reward ratio is nuts. Playing with altcoins is like picking up pennies on the highway"  BlindMayorBitcorn

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