11 Jan '18, 7pm

The technology behind bitcoin is only halfway through its evolution

The technology behind bitcoin is only halfway through its evolution

Servers for data storage are seen at Advania's Thor Data Center in Hafnarfjordur, Iceland Thomson Reuters In a wide-ranging report on blockchain and cryptocurrencies, Credit Suisse said blockchain would reach full maturity in 2025. Market watchers can expect 2018 to be a year in which "certain products go viral" and "new providers/models emerge." The hype around bitcoin , and its underpinning blockchain technology, is real. But we are still a ways off from blockchain reaching full maturity. Blockchain, which is best explained as a decentralized ledger, is best known for being the technology behind red-hot bitcoin. But its potential use-cases do not just reside in the world for digital currencies or financial services, according to a wide-ranging report by Credit Suisse, the Switzerland-based bank. According to the bank, a survey conducted by the World Economic Forum found ...

Full article: http://www.businessinsider.com/bitcoin-technology-blockch...

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