ARTICLE
mendeley
The truth about blockchain
- Authors: Vv.Aa.
- Harvard Business Review
- 2017
- DOI: 10.1016/j.annals.2005.11.001
Abstract
Contracts, transactions, and records of them provide critical structure in our economic system, but they haven’t kept up with the world’s digital transformation. They’re like rush-hour gridlock trapping a Formula 1 race car. Blockchain promises to solve this problem. The technology behind bitcoin, blockchain is an open, distributed ledger that records transactions safely, permanently, and very efficiently. For instance, while the transfer of a share of stock can now take up to a week, with blockchain it could happen in seconds. Blockchain could slash the cost of transactions and eliminate intermediaries like lawyers and bankers, and that could transform the economy. But, like the adoption of more internet technologies, blockchain’s adoption will require broad coordination and will take authors describe the path that blockchain is likely to follow and explain how firms should think about investments in itArticles
REIsearch NEWS
08/04/2019
Unlocking the potential of the internet of things
07/04/2019
The Secret To Comprehensive, Scalable And Effective Cybersecurity
06/04/2019
Google and Microsoft Warn That AI May Do Dumb Things
05/04/2019
Data: The Fuel Powering AI & Digital Transformation
04/04/2019
Drones and big data: the next frontier in the fight against wildlife extinction
03/04/2019
Inside Finland’s plan to become an artificial intelligence powerhouse
02/04/2019
Top Automotive Trends In 2019: A Year Of Wows And Woes
01/04/2019
Beyond CSI: How big data is reshaping the world of forensics
31/03/2019
Data: The Fuel Powering AI & Digital Transformation
30/03/2019
New AI fake text generator may be too dangerous to release, say creators
29/03/2019
Here Technologies to fund a $28 million research institute that applies machine learning to geolocation data
28/03/2019
A.I. Shows Promise Assisting Physicians
27/03/2019
The A-Z of how artificial intelligence is changing the world
26/03/2019
Five Business Intelligence Predictions For 2019
25/03/2019
What IoT Leaders Do To Drive Greater Results
24/03/2019
Photojournalism in the Age of New Media
23/03/2019
Integrating Artificial Intelligence for rebooting the future
21/03/2019
Can AI Become Our New Cybersecurity Sheriff?
19/03/2019
The Rise of the Robot Reporter
17/03/2019