Blockchain: Much More than Crypto-Currency

Blockchain is the basis for crypto-currency and tracking some financial transactions. Its potential uses promise to radically transform industries.
By Karen White

A few years ago, analysts were predicting the foundational technology called blockchain could radically shift the entire economy, similar to the impact of the internet. For the average consumer, blockchain is equivalent to crypto-currency, but in reality it is called foundational because it serves as the base technology for new systems that do things like secure business transactions.

As the technology continues to mature and its uses continue to expand, forward thinkers are considering its future possibilities. As the list of possibilities grows, experts are beginning to believe blockchain could, and probably will, transform the economy. For the first time in history, secure transactions are generated without an intermediary, traditional financial or governmental institutions, or ow...

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