Blockchain is a powerful technology. The most successful companies will be those that have the ability to harness its power. Three groundbreaking examples are global payments, data protection and verifying land titles.
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One of the founding fathers of blockchain technology and an expert in cryptography and distributed computing first mentioned in 1991 a blockchain that utilised digital time-stamps for ordering transactions.
Bitcoins are experiencing a massive price hike, and there’s little history to draw on to guide the future. However, another market provides a remarkable insight into what can happen when the optimism turns.
It’s human nature to want to join the fun when prices rise rapidly, especially with stories of a few dollars turned into millions, but these are the times to treat with the utmost caution.