Blockchain: Hype is over, beginning of disruption

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Blockchain: Hype is over, traditional when entering a new year

  • Blockchain underlying technology of cyber currency Bitcoin
  • Its start-ups were founded offering new solutions to age-old problems
  • Bitcoin crashed, soon followed by other blockchain-based currencies
  • Blockchain, an online distributed ledger
  • It is both a blessing and a curse because adding an entry to the ledger can be costly
  • It enables any group of individuals to trade and exchange without having to trust each other, and this is where disruption will come from