Three Reason Blockchain Will Rule
MORE IDEAS FROM THE ARTICLE
Blockchain technology is fundamentally bigger than crypto or even the internet as we know it.
It offers radical transparency, zero run-time and breakthrough tech innovations to revolutionize many areas of life such as finance, insurance, transportation, personal identification, healthcare etc.
While the world is transfixed by Bitcoin mania, your competitors are tuning out the noise and making strategic bets on the blockchain. Your rivals are effortlessly tracking every last link in their supply chains. “Blockchain: The Insights You Need from Harvard Business Review” brings you today’s most essential thinking on the blockchain, explains how to get the right initiatives started at your company, and prepares you to seize the opportunity of the coming blockchain wave.
A cryptocurrency is a digital medium of exchange using strong cryptography to secure financial transactions, control the creation of additional units and verify the transfer of assets.
There are a few pieces here to focus on: digital, strong cryptography, creation, transactions and verification.
An NFT is essentially a digital token representing a totally unique asset, such as a piece of fine art or real estate . When represented by an NFT, an asset can be easily traded digitally across the world on blockchain technology. NFT concert ticket s and plane tickets are already beginning to pull the technology away from solely being about art trading and into other practical use cases.
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