Category: Blockchain
-
Types of Blockchains
Blockchain was invented by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. There are many types of Blockchains: Public, Semi-Private,…
-
Digital Transformation, Blockchain and What Else?
Why You Should Be Optimistic About the Future | Michio Kaku on Impact Theory Digital transformation (DT) is the change associated with the application of digital technology in all aspects of human society. The transformation stage means that digital usages inherently enable new types of innovation and creativity in a particular domain, rather than simply…
-
Is Bitcoin The First Killer App In Cryptocurrency Blockchain?
The first recorded use of the term “Killer App” in print was 1987, in PC Week 8 Sept. 107/2. “Everybody has only one killer application. The secretary has a word processor. The manager has a spreadsheet.” In marketing terminology, a killer application (commonly shortened to killer app) is any computer program that is so necessary…