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BLOCKCHAIN TECHNOLOGY: BEYOND BITCOIN

By 2017-03-16 No Comments
Applied Innovation Review Issue No. 2 June 2016
Authors: Michael Crosby, Nachiappan, Pradan Pattanayak, Sanjeev Verma,Vignesh Kalyanaraman

The main hypothesis is that the blockchain establishes a system of creating a distributed consensus in the digital online world. This allows participating entities to know for certain that a digital event happened by creating an irrefutable record in a public ledger. It opens the door for developing a democratic open and scalable digital economy from a centralized one.

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