Emerging markets are ripe with promises.
Since the mysterious Satoshi Nakamoto published the Bitcoin whitepaper over 10 years ago, blockchain has existed in a realm of magical realism. Associated closest with Bitcoin, and confined to a fantasy as intangible as the technology itself, blockchain’s value was tied to speculation and libertarian ideological canon.
But blockchain is bigger than Bitcoin: The technology lays a new digital infrastructure for the global economy rooted in decentralization and security. Although blockchain has been tied to theoretical models and promises, the industry is fast hurling toward the adoption, which will turn these visions into reality. Billions of dollars in institutional capital are entering cryptocurrency markets, while corporations are taking the lead in implementing blockchain to protect highly sensitive data.
To get to adoption, and go from theory to execution, use cases are crucial. Within Silicon Valley, a frenzy is underway among blockchain startups to deploy effective use cases demonstrating blockchain technology in action. This competition is healthy and is establishing fundamental rights around an individual’s data in the process.
Continue reading: https://www.worth.com/how-blockchain-crypto-startups-battling-protect-individuals-data-security/
Since the mysterious Satoshi Nakamoto published the Bitcoin whitepaper over 10 years ago, blockchain has existed in a realm of magical realism. Associated closest with Bitcoin, and confined to a fantasy as intangible as the technology itself, blockchain’s value was tied to speculation and libertarian ideological canon.
But blockchain is bigger than Bitcoin: The technology lays a new digital infrastructure for the global economy rooted in decentralization and security. Although blockchain has been tied to theoretical models and promises, the industry is fast hurling toward the adoption, which will turn these visions into reality. Billions of dollars in institutional capital are entering cryptocurrency markets, while corporations are taking the lead in implementing blockchain to protect highly sensitive data.
To get to adoption, and go from theory to execution, use cases are crucial. Within Silicon Valley, a frenzy is underway among blockchain startups to deploy effective use cases demonstrating blockchain technology in action. This competition is healthy and is establishing fundamental rights around an individual’s data in the process.
Continue reading: https://www.worth.com/how-blockchain-crypto-startups-battling-protect-individuals-data-security/
