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The Explainer: Understanding Blockchain's Reality

The Explainer: The Truth About Blockchain

11 Jun 2019

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Blockchain’s impact will be enormous, but it will take decades for it to seep into our economic and social infrastructure. True blockchain-led transformation of business and government is still many years away. That’s because blockchain is not a “disruptive” technology, which can attack a traditional business model with a lower-cost solution and overtake incumbent firms quickly. Blockchain is a foundational technology: It has the potential to create new foundations for our economic and social systems. But while the impact will be…

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