Blockchain: the answer to life, the universe and everything?

  • There are many blockchains, as companies are born with different needs from a distributed ledger than those of Bitcoin.
  • The company has gone through some changes since it was launched in 2013 , and the blockchain now forms a core part of its offering.
  • Bitcoin is starting to look less important than the engine that drives it – the blockchain.
  • The blockchain was developed as a means of creating digital property without the need for a central authority keeping track of who owns what.
  • Bitcoin was the first technology to use the blockchain, but the currency is now starting to look a bit like the steam pumping engines invented in the 17th century.

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Bitcoin hasn’t lived up to the salvation rhetoric, but the digital engine behind the currency may be about to change the world


Blockchain: the answer to life, the universe and everything?