Confused by blockchains? Revolution vs Evolution

Confused by blockchains? Revolution vs Evolution

This article attempts to explain the difference between the revolutionary disruptive innovation of bitcoin and the evolutionary efficiency innovations of industry workflow tools, and why calling them both “blockchains”, even as a generic term, is incredibly confusing.
Cryptocurrencies vs Industry Workflow Tools

For the rest of this post, I will use the phrase “industry workflow tools” instead of industry blockchains, as some of the emerging solutions being proposed in this space are not blockchains (eg, R3’s Corda is not a blockchain but Digital Asset’s solutions are – however, both companies are proposing industry workflow tools).

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In a nutshell: DTCC whitepaper on distributed ledgers – Jan 2016

In a nutshell: DTCC whitepaper on distributed ledgers – Jan 2016

On 25 Jan 2016 the DTCC released a white paper entitled “Embracing Disruption – Tapping the potential of distributed ledgers to improve the post-trade landscape”.  It is a very good read: high quality, succinct, and cuts through the hype.

I attempt to summarise for those with less time to read the full paper.

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