Wednesday, March 15, 2017

Blockchain Technology

“The technology likely to have the greatest impact on the next few decades has arrived. And it’s not social media. It’s not big data. It’s not robotics. It’s not even AI. You’ll be surprised to learn that it’s the underlying technology of digital currencies like Bitcoin. It’s called the blockchain.”                                                   

                           — Don Tapscott
                              Author of 15 books on technology

I am not sure I agree 100% with Mr. Tapscott, but clearly blockchain is a game-changer.

Below is a nice and short video from IBM on how blockchain works.  If you are in manufacturing, imagine that instead of a tracking a diamond from cradle to grave, you are tracking a part.