Why virtual reality and Blockchain will emerge in 2016
Blockchain will emerge from Bitcoin’s shadow
Many commentators and investors have speculated on the value and future of Bitcoin. Less attention has been focused on the technology that underpins it, the Blockchain.
Somewhat ironically given some of the more negative associations linked with Bitcoin, the Blockchain may, in fact, provide a mechanism to verify transactions, ownership and to avoid fraud which is more reliable and less open to abuse than many of the systems widely used in business today.
2016 is likely to see the emergence of Blockchain-like public ledger technologies in multiple fields, providing a high degree of cutting out the middle man (disintermediation). The effect on the way asset ownership, and agreements between counterparties, is recorded and evidenced, could be significant. It might even reduce the need for lawyers, but let’s not be too rash in our predictions so early in this arena.
http://www.itproportal.com/2016/01/02/why-virtual-reality-and-blockchain-will-emerge-2016/
