How the blockchain and crypto currencies are changing money and business

  • Published 4 years ago
  • 7.3

Bitcoin and other crypto currencies are already part of the mainstream media. But they are far from being the dominant currency globally and internationally.

It is safe to say that 2017 was the year of the crypto currencies. Every currency went sky high. Bitcoin went from $1,000 in January to $16,000 in December. Etherium went from $8 in January to close to $900 in December, and now more than $1,000 in January. Other crypto currencies went up by more than 1000%, some even up by 10000%.

With that in mind, 2018 will be a crucial year for crypto currencies. While many financial experts are saying Bitcoin is a bubble, some experts believe that time show that crypto currencies and the blockchain will change the way we view money, and how we function.

Don Tapscott, a Canadian business executive and consultant specializing in business strategy and organizational transformation believes in the blockchain. In this TED talk, he tries to explain to the public how blockchain is changing money and business.

If you do not know what is the blockchain and how it works, this video will help you understand.

From Around the Web

Related Videos

A supply chain is a network of individuals and companies who are involved in a creating a product and delivering it to the customer.It begins with the sourcing of raw materials, wh...

  • 107
  • 1 week ago
  • Not Rated

A growing debt crisis, dwindling forex reserves and soaring inflation have pushed Pakistan to the brink of an economic disaster.These were some of the factors which contributed to ...

  • 144
  • 3 weeks ago
  • Not Rated

Sri Lanka, formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the...

  • 164
  • 3 weeks ago
  • Not Rated

Despite separating from Somalia over 20 years ago, the state of Somaliland is still unrecognized by the rest of the world. Life here is hard.The popular series Dicing with Death br...

  • 163
  • 4 weeks ago
  • 7(1)
Avatar

4,752 Videos / 17,341,563 Views
Tags

Related Articles
Her calling card was her robe de style dress. This gown hung straight and narrow on the torso, but then ballooned out wi...
  • 2,432
  • 2 years ago
Escondida produces more than 1 million tons of copper per year, which is about 5% of the global production. That is even...
  • 3,478
  • 2 years ago
At the peak of his fortune, Jesse had a net worth of $100 million. That was back in 1929. In today’s money, that would...
  • 3,646
  • 2 years ago
The term first appeared in the early 1970s. The origin of the term can be found in the word “kacho-byo”, which trans...
  • 4,001
  • 2 years ago