The technology behind bitcoin could transform how the economy works

  • Bitcoin’s blockchain ledger prevents double-spending and keeps track of transactions continuously.
  • But most unfair of all is that bitcoin’s shady image causes people to overlook the extraordinary potential of the “blockchain”, the technology that underpins it.
  • The new blockchains need not work in exactly the way that bitcoin’s does.
  • The technology behind bitcoin could transform how the economy works
  • Dozens of startups now hope to capitalise on the blockchain technology, either by doing clever things with the bitcoin blockchain or by creating new blockchains of their own (see article ).

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@RomainLiberge: “Really ? “The promise of the blockchain: The trust machine via @TheEconomist” #selfdata #PIMs”


The technology behind bitcoin could transform how the economy works


The technology behind bitcoin could transform how the economy works