Tuesday, December 23, 2014

LinkedIn Founder Reid Hoffman Created a Company to Reinvent Bitcoin | MIT Technology Review

Reinvent, replicate, refine, replace -- lots of possibilities

"Blockstream is working on technology that will use the code that underpins Bitcoin to secure other kinds of assets, such as contracts or ownership of stock. The company’s technology could also provide workarounds to shortcomings in the design of Bitcoin.

Bitcoin has come a long way since its obscure debut in 2009, and the 13.5 million bitcoins in circulation are worth $4.7 billion. But the currency has yet to become widely used, and Blockstream’s founders and investors say significant technical improvements are needed for that to happen."
LinkedIn Founder Reid Hoffman Created a Company to Reinvent Bitcoin | MIT Technology Review
Post a Comment