The digital currency will be as big a gamechanger as the internet, says Ken Tindell.
Bitcoin is all over the news again. China has banned banks from transacting in the digital currency, just as Bank of America Merrill Lynch has argued that it has a ‘fair value’ of $1,300. But none of these stories grasp the really interesting part – how the underlying bitcoin platform itself can be used to manage the ownership of real-world assets.
At heart, bitcoin is simply a huge public ledger, recording who gave what to whom and when: a long list of transactions [...]
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