A lot of buzz is circulating in the financial and technology space over cryptocurrencies. Whether or not you're bullish on investing in bitcoin and altcoins, it would still be wise to invest in learning more about the space. Particularly fascinating is the underlying technology of decentralized systems and blockchains(an ingenious platform that allows digital information to be distributed but not copied or modified).
If all goes to plan, this technology will fundamentally transform everything from financial markets, to social communication, to developer tools. Every part of society has the potential to be impacted by this new model for building products and for distributed ownership. And, as consumers in this digital age, we will have a front-row view of the disruption.
The most pressing question is no longer whether this technology has the potential to have an impact . . . we are well past that point. The questions entrepreneurs need to be asking now are: When will this technology come to the masses? When will we be able to reap the benefits? And how long will it be until governments change their policies to follow this new model?
While progress is inevitable, the implementation of blockchains into everyday systems remains uncertain. Implementation, in fact, is dependent on a number of factors, both internal and external.
Full story at http://bit.ly/2xUfJWw
Source: Entrepreneur
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