Conclusions

DOI: 10.1201/9781003427322-6

SUMMARY

The blockchain revolution is about to flip the status quo of centralized systems in most industries in favor of more decentralized, transparent, open, secure, and efficient infrastructures. While most people view blockchain from a transactional perspective, there are still many salient aspects of a true blockchain that people have not paid particular attention to. These facets, however, are responsible for the nature of the technology as we know it and the reason why it’s set to revolutionize the way people transact with others in the near and distant future. Blockchain is changing our society on a fundamental level. It is transforming what we can do online, how we do it, and who can participate. ...

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