“Where the internet democratized information, the blockchain democratizes value.”
– Don Tapscott and Alex Tapscott, “Realizing the Potential of Blockchain,” World Economic Forum white paper, June 2017
Touted by some of its supporters as one of the most important inventions since the creation of the internet itself, blockchain exploded onto the global financial scene in 2017. Originally created in 2008 as the technology behind bitcoin, blockchain is an immutable, nearly unhackable distributed database that enables direct peer-to-peer exchange of value, removing the need for financial intermediaries.
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