Blockchain fever is rising and shows no signs of breaking anytime soon. Blockchain is best known for its association with bitcoin. It's a digital record technology—essentially just a digital ledger—that allows people to make instant and secure transactions. The ledger is shared publicly and allows contracts to be executing automatically, without need for a central authority like a bank.
And now virtually every actor in the tech industry is scrambling to capitalize: startups, big tech, venture capitalists, “thought leaders.” Billions of dollars are now going into the technology. Blockchain has become such a buzzword that a British company saw its shares rise 394 percent after adding the term to its name on Thursday.
Tech capitalists seem to believe that blockchain will revolutionize virtually everything on this earth, so Slate decided to make a list of all the things that the industry says blockchain will disrupt.
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