Blockchain

Changing the world, one block at a time

With all the hype – and subsequent bad press – Bitcoin has been receiving the past few months, it’s easy to overlook the most fundamental and game changing aspect; the blockchain technology.

Cryptocurrency Is Not The Only Game In Town
As we all have probably heard by now (and if not, start here), Bitcoin is a decentralised alternative to fiat currency. It is currently receiving a lot of attention due to its dizzying returns as an investment product. The trouble with this is that everyday investors are going into cryptocurrency with the same principle as any investment, which is to say, they see money instead of the technology. This blockchain technology enables private and centralised (read: non-governmental or corporate) record keeping on asset transfers, and has the potential for a new concept known as “smart contracts”.

The blockchain principle that Bitcoin and other cryptocurrency is based upon, Read the rest

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