Bitcoin
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Public administration on a journey to decentralization
Blockchain has the potential to revolutionize public administration by fostering efficiency, transparency and automation. There are limits to the technology, but currently the main roadblocks are of a legal and organizational nature. Some governments have already started removing such hurdles or teamed up with technology providers to build innovative solutions.
Opinion: Cryptocurrencies – fears and opportunities
After a few years of hype, experts are now tamping down expectations for cryptocurrencies. Indeed, several concerns about security and regulation need to be addressed. But cryptocurrencies – and the blockchain technology they are based on – also offer tremendous room for innovation and efficiency. By competing with traditional fiat ...
Blockchain as a principle of governance
Blockchain, the fundamental technology behind new cryptocurrencies such as Bitcoin, is based on a novel governance system that is radically different from the centralized approach used today in banks, corporations and governments. Blockchain’s numerous advantages may prove too important to be ignored, even in the face of opposition from defenders ...
Blockchain and its potential for economic disruption
Blockchain – a decentralized ledger of transactions that uses computer technology to link, secure and encrypt records – has the potential to become a hugely disruptive technology, rendering financial intermediaries unnecessary and making money transfers nearly instantaneous. However, it requires huge amounts of computing power and still cannot come close ...
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