Why Blockchain’s growing pains will be worth it

HALF MOON BAY, Calif. – Experts at a recent technology conference agreed that blockchain has a bright future, but warned it may be a rocky ride until that future arrives. Blockchain is a distributed database that uses a secure digital ledger of transactions that users can share across a computer network. It’s also the technology behind virtual currency bitcoin.      

“When you are at the leading edge there will be mistakes. People will get a lot wrong in the next five years. I think of it kind of like running with scissors,” says Constellation Research analyst Steve Wilson at the Oct. 26 Connected Enterprise conference hosted by his company.

blockchain photos connected enterprise Constellation Research Connected Enterprise conference

From left to right: Shawn Wiora, CEO of Maxxsure, Silicon Valley Product Exec Chirag Mehta, and Aron Dutta, Global Head of Blockchain at IBM

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Story added 31. October 2016, content source with full text you can find at link above.