Blockchain technology could disrupt financial markets, our concept of ownership, and permit almost undisputable levels of trust between unrelated parties.
‘Blockchain’ is the word in technology that is over-saturated in the press at the moment, as are associated hype terms such as, ‘crypto-currencies’, ‘immutable distributed ledger’, ‘FinTech’ and ‘chain of ownership’.
From the incredible volume of discussion and articles that have resulted from the rise of crypto-currencies over the past two years it is clear that the underlying blockchain has developed into a mainstream technology. However, it is not just these new digital currencies that benefit from blockchain. Processes or activities that rely on a verifiable and accessible ledger can potentially benefit from blockchain.