Blockchain
In January 2009 we witnessed the birth of the first viable digital currency. Called bitcoin, this new form of money was born on the Internet. What an incredible and provocative idea, a currency without the need for traditional banks and not beholden to any central authority. In fact, bitcoin is absent of any governance and oversight, seamlessly traversing the Internet with little delay and only managed through the consensus of all users of the currency. Now, powering the seemingly magical new form of money, the mechanism that makes it work is also an innovative new idea. It's a novel way to store, validate, authorize and move digital transactions across the Internet. It's called a blockchain and it has the potential to be a highly disruptive technology, not just in the world of digital currency but in a vast number of organizational contexts. The potential of...