Here’s how blockchain will fit into your life in 10 years

Advisors


You may not likely become a blockchain billionaire anytime soon, but this technology will probably be part of how you invest in the next decade.

At least, that’s what Joe Duran, founder and CEO of United Capital, thinks of the nascent technology that underlies cryptocurrencies, including bitcoin.

Blockchain acts as an open ledger that tracks every transaction that has taken place with a given cryptocurrency. It can’t be altered.

Duran compared it to a digital version of the book log used at a library, where you can see who borrowed a book and who returned it.

“Blockchain itself is going to be part of every transaction that occurs in the world,” he said. “It’s going to take a decade before it’s there.”

Here’s what’s ahead for the new technology.



Source link

Products You May Like

Articles You May Like

Consider the jobs being wiped out by technology
RV demand healthy, but rates and tariffs could add pressure
How parents pay for their kid’s college
Lyft hires JP Morgan to lead IPO at $15 billion valuation
Trump-approved boycott of Harley taking a toll as trade-ins rise

Leave a Reply

Your email address will not be published. Required fields are marked *