Blockchain: A Practical Guide to Developing Business, Law, and Technology Solutions

3   Technology Use Cases

In the 1970s, the Internet was a small, decentralized collective of DARPA computers, called ARPANET. The personal-computer revolution that followed built upon that foundation, stoking optimism encapsulated by John Perry Barlow’s 1996 manifesto “A Declaration of the Independence of Cyberspace” (www.eff.org/cyberspace-independence). Barlow described a chaotic digital utopia, where “netizens” self-govern and the institutions of old hold no sway. “On behalf of the future, I ask you of the past to leave us alone,” he writes. “You are not welcome among us. You have no sovereignty where we gather.”

This is not the Internet we know today. Two decades later, the vast majority of communications flow through a set of central servers ...