Introduction Blockchain, often synonymous with the term Bitcoin, has perfused into our quotidian economy since its 2008 inception by an anonymous person or group known as Satoshi Nakamoto. Walmart is using it to track Chinese pork, BP is experimenting with it to streamline oil and gas trading. Blockchain’s expansion past Read more…
Theodor Beutel discusses the potential of blockchain. Beyond Bitcoin First on the agenda is payment. Initially proposed in 2008, Bitcoin is both the oldest and the highest capitalised (more than 100 billion USD as of November 2017) blockchain. Through the decentralised nature of blockchain technology, Bitcoin was the first to Read more…
Vikram Parathalingam explores the socio-economic implications of a cashless society in the future. Imagine a world without physical money, where you go to a shop and touch a device to transmit your hard earned “cash” through the infinite expanses of the internet. You have heard of the Dollar, the Euro and Read more…
Written by Student If you thought Bitcoin was a currency, perhaps one mainly used to buy drugs on the Dark web, you’d be wrong. At least, you’d be wrong if you still believed that today. According to data from BitInfoCharts, the median value of all Bitcoin transactions that took place Read more…
Alec Edgecliffe- Johnson explores the potential of alternative currencies in amending the abundant social failings of the current financial system. In the wake of the 2008 financial crisis, an unknown person or collective under the pseudonym Satoshi Nakamoto released a decentralised, cryptographic currency into the digital space. Motivated by the Read more…