Most commonly known as the primary innovation behind bitcoin, blockchain technology is poised to revolutionize the financial industry and beyond. Alex Tapscott, co-author of Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business and the World, discusses how the global opportunities for blockchain technology are vast and diverse.
On the revolutionary properties of blockchain: “With blockchain you have a new platform for the movement of value based on a distributed ledger…like a giant global database that runs on every computer in the world. It is accessible to everyone…and trust is not established by a third party, but rather [through] mass collaboration and clever code.”
