Blockchains—focusing on bitcoin misses the real revolution in digital trust


Blockchains—focusing on bitcoin misses the real revolution in digital trust
Ensuring trust in digital records and transactions is hard; the blockchain is an important solution. Credit: Robert Bagnall/YouTube, CC BY

In 2008, short of sending a suitcase full of cash, there was essentially just one way for an individual to send money between, say, the United States and Europe. You had to wire the money through a mainstream financial service, like Western Union or a bank. That meant paying high fees and waiting up to several days for the money to arrive.


A radically new option arose in 2009 with the introduction of

Read more ... source: TheBitcoinNews

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