Fintech Tsunami: Blockchain as the Driver of the Fourth Industrial Revolution
11 Pages Posted: 13 Jul 2017
Date Written: July 6, 2017
This short opinion piece discusses the potential role of blockchain in the 4th industrial revolution. It explores how Satoshi Nakamoto (2008) white paper has changed the way market functions with the examples of bitcoin, public blockchain, private blockchain and Initial Crypto-Token Offering (ICO) or sometimes known as Initial Token Sales (ITS). The most powerful feature of blockchain is the sharing of asset ownerhsip and the paper describes how this is evolving with ITS.
Keywords: Bitcoin, Blockchain, ICO, Sharing Economy, Cryptocurrency, LASIC
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