Missing link

Navigating the disruption risks of blockchain

By now, most people have heard of blockchain, the breakthrough technology underlying the digital currency Bitcoin.

Blockchain is poised to disrupt the third-party trust model that underpins traditional transactions. Blockchain's distributed ledger technology is protected by advanced crypography and authenticated by a peer-to-peer consensus system, rather than a central clearing house. As a result, proponents believe it can provide a more transparent and secure means of recording and transmitting transacations.