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THE FIVE KINDS OF BLOCKCHAIN PROJECTS (AND WHICH TO WATCH OUT FOR)

by David Furlonger and Christophe Uzureau

Blockchain burst on the tech scene ten years ago with the launch of Bitcoin. That first introduction led many business leaders to see blockchain and cryptocurrencies as synonymous. In fact, blockchain’s value proposition is far broader. At its most basic, it allows two or more people, businesses, or computers to exchange value in digital environments without having an intermediary like a bank or a third-party platform between them. In other words, blockchain redefines the terms of trade for the digital economy.

Consider, for example, how a car insurance blockchain could store policy details and contract rules and automatically ...

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