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Learning Bitcoin

You're reading from   Learning Bitcoin Embrace the new world of fiance by leveraging the power of crypto-currencies using Bitcoin and the Blockchain

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Product type Paperback
Published in Oct 2015
Publisher
ISBN-13 9781785287305
Length 236 pages
Edition 1st Edition
Tools
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Toc

Table of Contents (10) Chapters Close

The future of finance


Looking back in history, technology has changed the world in profound ways. From the steam engine, to computers, to the Internet, we have seen amazing advances in how we can innovate through technology. In line with the previous advances of technology, Bitcoin has the potential to bring the same scale of change to finance.

Since its launch, just months after the financial crises of 2008, Bitcoin has challenged the way we look at money and finance. Consequently, our previous notions of relying on centralized institutions to issue, store, and transfer money are now questionable.

On the basis of what we've seen from the implementation of new technologies since the industrial revolution, many of our financial institutions face major disruption. The Blockchain's distributed ledger has demonstrated its ability to replace many of the functions they currently service. Yet, to our benefit, as Blockchain's adoption increases, we can expect to see more transparency and credibility...

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