For anyone who’s been following innovation in the financial technology space, the word blockchain has become the buzzword du jour in the span of about 12 months. Conference sessions, news stories, regulatory testimony – they are all consumed with the underlying ledger technology that powers Bitcoin. It’s estimated that $1 billion has been invested in blockchain start-ups since the technology was introduced. How did this happen and what about this particular technology has so many people in so many different industries tripping over themselves to develop new blockchain-based technologies?
SpaceX and Tesla Motors Inc. founder Elon Musk has never been shy about making bold predictions. His latest pronouncements: that most cars won’t have drivers in three years and people will arrive on Mars by 2025.
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