Disruptive Innovation in Computer Science
•Blockchain, a distributed ledger/database where trust is established through peer to peer mass collaboration and clever code rather than through a central powerful institution for authentication and settlement.
•An immutable, unhackable distributed database of digital assets.
–It uses state-of-the-art cryptography.
–The transaction record is not changeable and not deniable.
–This is a platform for truth and trust.
–It could record any information
•The implications are staggering, not just for the financial-services industry but also right across virtually every aspect of society.
