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ValueWeb: How fintech firms are using bitcoin blockchain and mobile technologies to create the Internet by Chris Skinner

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The first steam engine was patented in 1606 by Spanish inventor Jerónimo de Ayanz y Beaumont but it wasn’t until 1829, some two centuries later, that George Stephenson sent The Rocket on its way, creating the first viable railway service. The railway created the tracks that built America and fuelled the process of getting goods from A to B fast—but it took two centuries to get there.

Rail was just one of several innovations during the 19th century that saw the Industrial Revolution transform life. Another key invention was electricity. Electricity is generally attributed as an invention to Michael Faraday in the 1820s, although again its ...

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