Financial News explains the technology behind blockchain and its potential pros and cons in the financial sector.
Animation: Peter Walker
Narration: Emily Allen
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Over the past decade, an alternative digital paradigm has slowly been taking shape at the edges of the internet.
This new paradigm is the blockchain. After incubating through millions of Bitcoin transactions and a host of developer projects, it is now on the tips of tongues of CEOs and CTOs, startup entrepreneurs, and even governance activists. Though these stakeholders are beginning to understand the disruptive potential of blockchain technology and are experimenting with its most promising applications, few have asked a more fundamental question: What will a world driven by blockchains look like a decade from now?
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