Bitcoin Effect; Transforming economy, finance and institutions[Excerpt #000]
Hello Steemians, today I will be fulling my promise you by publishing the first excepts from by book;
The Bitcoin Effect book
Today's excerpt[The preface]
“Right now Bitcoin feels like the Internet before the browser” - Wences Casares, Founder of Xapo, a major Bitcoin e-wallet and exchange.
As Wences Casares rightly pointed out in the quote above, we are still in the very early days of Bitcoin; Bitcoin as a digital currency is only a tip of the iceberg. Prior the advent of internet browser, anyone could hardly use or build anything on the internet. The same can be said of Bitcoin, today Bitcoin only remains a crypto currency. The internet browser become the Graphic User Interface of the internet and allowed us to have more defining and fulfilling interactions with the internet.
With the internet browser we could access email, publish websites, use browsers apps, stream videos and do more. In the same way, Blockchain is more of a Graphic User Interface to the Bitcoin technology. Bitcoin’s Blockchain technology allows us to express and experience the full potential of Bitcoin. Blockchain technology is what makes Bitcoin decentralized, transparent lack, a central point of failure and autonomous. The technology of Blockchain is not limited to only crypto currency, we could implement it in various industries to effect transparency, decentralization and automation. Blockchain technology can be applied to almost all sectors and industries including: E-governance, Communication and internet, Computer systems, Health, Trade
In this report we will look at the full effect of Bitcoin on the financial industry. We will also look at the implications of Blockchain technology on our civilization.
Get the full book now!
Promote to earn 60% commissions
Follow the publisher; @BlockRush