Blockchain: The Road to Utopia
Blockchain: The Road to Utopia
Wednesday, 11 October 2017
By Nathaniel Karp / Marcial Nava
Blockchain, also known as Distributed Ledger Technology (DLT), is a general purpose technology that promises to boost economic and social well-being by significantly lowering transaction costs. Like the Internet in its beginnings, the future of blockchain is hard to predict, and while most of the attention has centered around the impact on finance, applications to other sectors are growing exponentially.