Digital Leaders Blog

blockchain (2)

"It’s a strange world we live in when large companies such as Experian, Equifax, and TransUnion are able to store huge quantities of our personal data and profit from it in a way that doesn’t always benefit us.

And when those same companies lose our personal data and make us susceptible to identity theft, there’s virtually nothing we can do about it.

Equifax lost the data of more than 140 million people, and recompense is not forthcoming. Meanwhile, the CEO may be stepping down with a pension worth $18 million. Clearly, the system is broken, and it’s time to stop and ask ourselves why we continue to rely on a system that doesn’t stand up to the challenges we face in a digital society.

Could the Blockchain help us to reclaim control of our personal data? via Harvard Business Review.

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According to a recent article by Don Tapscott, published in the Harvard Business Review, the technology most likely to change the next decade of business is not the social web, big data, the cloud, robotics, or even artificial intelligence. It’s blockchain, the technology behind digital currencies like Bitcoin.

The article presents an excellent overview of emerging blockchain technology and its likely impact across a range of industries.

While blockchain technology is complex, the basic idea is simple - 'a vast, global distributed ledger or database running on millions of devices and open to anyone, where information and anything else of value (money, titles, deeds, music, art, scientific discoveries, intellectual property, election votes etc) can be stored securely and…

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