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Derek Handley’s “The power of blockchain goes far beyond currencies” op ed featured in the New…
In 2017 it was perhaps still okay to pretend to know what blockchain and Bitcoin are and fudge your way through it. In 2018 it won’t be, so…
In 2017 it was perhaps still okay to pretend to know what blockchain and Bitcoin are and fudge your way through it. In 2018 it won’t be, so what do you need to know to get on board with the biggest thing to happen to the internet since the internet itself?
Whatever you do, don’t do what I did for too long and dismiss the headlines and chatter as hype, speculative bubbles and geeky fin-tech. It is definitely all that, but infinitely more.
I’m not into currency trading so for an embarrassingly long time I thought ‘Oh this Bitcoin thing is not for me’ which lands squarely on the second most important thing: Bitcoin is not blockchain. It’s just the first commonly known use of it — a digital currency or store of value some think of as digital ‘gold’.
Blockchain is technology that will underpin the transformative evolution of the web wherever there is an exchange of value, services or data. Which is everywhere.
Read more of Derek Handley’s post in the New Zealand Herald here.