The Real Blockchain Game Changer
Mitchell Loureiro, Ana Catarina Pêgo, Inês Graça Raposo · Advances in data mining and database management book series · 2021
The single critical output of a blockchain is creating trust where previously impossible. While this feature delivers compelling value for many use cases (bitcoin for money, standards setting and data sharing for permissioned blockchains, audit trails and protection against liability in supply chains), the most novel use case has been something unexpected: the birth of a new type of social structure to provide goods and services. The early examples of this new type of social structure have shown themselves to be incredibly effective at providing those services to their users.