Crypto Set To Drive Demand For Traditional Services: Part 2

By Collin Starkweather and Izzy Nelken (April 24, 2018, 12:28 PM EDT) -- In the first article of this two-part series, we discussed several areas in which virtual currencies are anticipated to drive greater demand from traditional knowledge industry services. In this article, we discuss similar drivers of demand associated with blockchain and smart contracts. While these technologies are closely associated with virtual currencies, they are not necessarily wedded to virtual currencies either in concept or application. 


Blockchain is closely associated with bitcoin because its invention is ascribed to Satoshi Nakamoto, the elusive inventor of bitcoin, for the purpose of enabling secure, anonymous transactions.[1] However, it has since been recognized as a technology...

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