Bitcoin is just the first app we are using when dealing with the Blockchain. Soon we will see more ways people can squeeze the most out of Blockchain.
Back in the 90s when the Internet was first becoming profit-oriented, no one would possibly have imagined that the Internet would breed Facebook, Google, Uber, online streaming, etc. This is where we are with the Blockchain now. There exists a whole world of opportunities out there.
In order to realize that potential, it’s critical that law enforcement has the ability to chase down the individuals who use the Blockchain for unrighteous things. We need to craft a Blockchain that is secure for legal commerce and is advantageous to everybody except for criminals.
Law enforcement agencies have a lengthy history of changing their procedures to pursue criminals who make use of the latest technology to commit crimes. The law has always found a way to evolve to address new tech challenges. There is no reason to expect that law enforcement won’t be able to get a handle on Blockchain.
With Blockchain still being in the embryonic stage, we have the opportunity to make it much easier for law enforcement to understand. At the same time, we need to implement improvements to make the Blockchain safer for commerce while making it harder for criminals to use.
Full story at http://bit.ly/2hS1u23
Source: CoinTelegraph
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