Rise of the Crypto Alchemists
I am still staggered by the sheer amount of Cryptocurrencies that are in existence.
It reminds me of the Alchemists of old.
And their quest, to turn Base Metals into Gold.
The aims of the Alchemists were, among other things, the transmutation of "Base Metals,"
into "Noble Ones." Gold being top of the Noble Tree.
The creation of an,"Elixir of immortality."
The Jury is still out on that one.
As the Blockchain gathers momentum there will be plenty of opportunities,
for Start-Up companies to create new ways of approaching old problems.
Though I suspect the, "Elixir of immortality." is not one of them.
Base Code to Noble Currencies, is already happening
so we can tick that box.
But here on Steemit we are part of the all singing all dancing Blogchain.
And I suppose that should be our biggest concern.
Making it a fantastic platform, for all the people that will come flocking to it.
When Zuckerballs FB flavor of the century has started to fade.
Built it and they will come, should be the Steemit, Mantra.
In their own way, the Cryptocurrency Geeks are the new 21st Century Alchemists.
Turning Base Code into Gold.
Lots of companies are jumping onto the bandwagon.
But the real gold, the real money spinner, will be, as always,
selling the Shovels and Spade Blockchain Applications to the new Miner 49ers.
Cognizant is not exactly a Start-Up but I can see they are starting to spread the Blockchain news.
When the NASDAQ-100 Shoeshine Boy starts explaining what the Blockchain is, you know its arrived.
Read On:
The technology underlying cryptocurrency is building undeniable momentum, with the potential for momentous impact on financial services, the world of commerce and society at large. Quickly gaining a reputation, if not full legitimacy, as the “Internet of finance,” blockchain provides the digital ledger that enables Bitcoin, BitShares, Ethereum, Ripple and hundreds of their crypto kin to transfer assets more quickly, reliably and securely.
A question we’ve heard bankers ask earnestly and repeatedly is what problem does blockchain solve? Is this a solution in search of a problem? Well, the answer is that while blockchain can be focused on solving existing efficiency problems, it could also be targeted at creating new opportunities and business models.
Read More:
https://www.cognizant.com/perspectives/blockchain-instead-of-why-ask-why-not
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