Future Uses for Blockchain That Will Shape the World
Cryptocurrencies, like Bitcoin and Ethereum, have become the talk of the town because they've accumulated hundreds of millions of dollars in value in just a few short years. Underneath these popular cryptocurrencies lies the blockchain technology, which combines cryptography with decentralized record keeping to create the first concept of digital property, that allows people to create unique, specific assets online. Creating a digital asset that is backed by blockchain technology is unique in that it can't be copied or moved, which will change how the Internet will operate. Here are just some of the ways that blockchain will change everything. Movies, Music, and Books Since the heyday of Napster, entertainment companies have been trying to deal with piracy issues that are destroying their business model. Before the Internet, entertainment companies could sell a movie or a record and know that they had sold a single copy to one person. Then came the Internet, where a single copy...