IF YOU ARE NOT SURE WHAT BLOCKCHAIN IS, YOU’RE NOTALONE.
This technology only emerged over 10 years ago from a paper "Bitcoin: A Peer-to-Peer Electronic CashSystem" written by Satoshi Nakamoto (or a person orpersons using a pseudonym... the mystery continues). Is it allabout Bitcoin? No. It's more than all thecryptocurrencies.
Like many technologies, it was invented to solve one problem andothers saw its potential for use elsewhere.
Blockchain: An Introduction
Matheson's Technology and Innovation Group have prepared aninteractive Introduction to Blockchain publication toanswer key questions such as:
What are the Uses for Blockchain?
Our publication sets out a number of examples ofhow Blockchain is being used, or new projects that are underway,including:
What are the Legal Challenges?
As with all new technologies, new legal challenges emerge thatneed to be addressed and solved, including:
As with all technology, trust is key.
Trust comes with greater global awareness (without the hype andhorror stories), actively delivering on the promise of a greenerfuture, and solving the legal challenges head-on.
The content of this article is intended to provide a generalguide to the subject matter. Specialist advice should be soughtabout your specific circumstances.