One Blockchain to Rule Them All?

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Various payment methods. Credit plastic card, online payment, ATM terminal. Elements for design.

Blockchain technologies potential uses have certainly caught the imaginations of the financial and business worlds and crept even into the wider collective consciousness. The idea of having a verified distributed ledger, essentially a repository of unassailable truth, holds wide appeal as the global economy becomes increasingly integrated. However the sheer volume of potential applications foreseen would swamp the current Bitcoin system. The interviewer converses with Vitalik Buterin, co-founder and inventor of Ethereum.

@9:25 Buterin speaks of his vision for Ethereum “as a programming language that would allow for the development various application that use the technological aspects of blockchain.”

Mercator Advisory Group recognizes the broad applicability of blockchain technology and will continue to track its development.

Overview by Joseph Walent, Senior Analyst, Emerging Technologies at Mercator Advisory Group

Read the full story here (The block chain piece starts @ 6:37 minutes)

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