Friday, January 26, 2018

Will Blockchain Transform Our Global Economy?

Blockchain represents a paradigm shift which has the potential to transform countless applications in many industries of our global economy. While you may be focused on Bitcoin and cryptocurrencies today, the next 3-5 years+ could see blockchain technology revolutionize the way business is conducted. Just a few examples include: Identity Management – Passports, Birth, wedding, and death certificates. Government – Vested Responsibility and Public Value. Smart Contracts – Music and Healthcare. IoT – Supply Chain Sensors and Smart Appliances. Smart Property – Autos, Smartphones and money lenders/ hard money lending. And yes, Financial Services: Insurance Claims processing, Cross-Border Payments, and Asset Management: Trade Processing and Settlement. More to come. Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)

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