Three things to know
We usually take a micro view of Blockchain examining the companies that are actively developing Blockchain infrastructure. Because we are nearing year end, this week we are going to take a macro view to review 2016 and to better understand where the technology stands and what it means heading into 2017.
We begin with a paper by the National Bureau of Economic Research. In a white paper entitled, Some Simple Economics of the Blockchain, the research considers the broad implications of Blockchain for current revenue models, incumbent market power, and entrepreneurial ability to develop new markets.
In The Rise of the Enterprise Blockchain – How 2016 Signaled a Shift, Emily Vaughn looks back at how Blockchain has gotten to this point and how companies are likely to respond and adapt to Blockchain in 2017.
Next, in the article Why Collaboration Will Drive Blockchain’s Success in 2017, Richard Colin of Thomson Reuters explains why collaboration matters to the development of Blockchain. The short answer: more collaboration equals better results.
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