Published June 23, 2016
| Version v1
Journal article
Open
Blockchain is the future - Introduction to the revolutionary technology
Description
Slowly but surely, blockchain is emerging from the shadow of Bitcoin. Bitcoin is a cryptocurrency that is traded in the virtual realm. This trading is only made possible by the use of a blockchain, which is used to verify the digital transactions. This article discusses how blockchains work and the possibilities they offer, which are likely to form a large part of commerce in the future, bringing change to large parts of our society.
Notes
This paper was written in 2016 as part of a research project at scip AG, Switzerland. It was initially published online at https://www.scip.ch/en/?labs.20160623 and is available in English and German. Providing our clients with innovative research for the information technology of the future is an essential part of our company culture.