For most of us, Bitcoin may bring to mind huge price swings, seasteaders or even hackers. But a huge number of people see only potential. Maybe not in the currency itself, but in what makes it all possible – the blockchain.
The blockchain was the revolution that made Bitcoin, and many other digital currencies, possible. And the past couple of years have seen an explosion in blockchains, everywhere from banks to voting constituencies. Talking to people making blockchains, it’s all about trust. Blockchains are a way of creating trust between strangers, through code.
Let’s take a look at how this manifests in the real world.