The 64 BTC Question
Let’s Talk Blockchain
If Blockchain is the new Internet, 2017 may be the new 1990.
For the uninitiated, Blockchain is a distributed ledger technology that could potentially disintermediate business models and modes of trust that have existed since the beginning of capitalism itself. In doing so, it could upend our economic structure by disrupting centralized authorities such as banks, record labels, and property registrars. The 64 BTC question is, will it?
In addition to the keeping tabs on the awe-inspiring could-be’s of Blockchain, we’re also diving deep into the opportunities it offers to address global social and environmental issues. Many companies are already bringing Blockchain to bear against issues such as supply chain transparency, identification, and financial inclusion. In doing so, they’re directing radical innovation toward both urgently-needed solutions and returns.
Keith Mauppa, Vice President
ConsenSys, a venture production studio that enables new services and business models to be built on the Blockchain, recently held the inaugural meeting of the Blockchain for Social Impact Coalition. The group seeks to develop Blockchain-based solutions to global social and environmental problems.
Ambrosus is a post-ICO project that aims to create a more secure and autonomous supply chain, improve distribution processes, and allow consumers to easily see where their products come from. This could lead to a trusted ecosystem where users can reliably record the entire history of products and structure commercial transactions accordingly.
Though using Bitcoin to purchase goods or services is not yet as convenient as using conventional currency, the list of retailers that accept Bitcoin grows by the day. Click here for a list of seven major places to spend BTC (and thereby demonstrate how cutting-edge you are).