nathalie pommier / Tuesday, August 14, 2018 / Categories: Services, Tech News, Tools, Trending TO USE CRYPTOCURRENCY OR NOT The new El Dorado or another mirror for larks (miroir aux alouettes)? Today the media is advertising Blockchain as the universal panacea that will resolve the healthcare system, social security deficit, government and military communication, voting, and more. All the major US universities are already giving accelerated Blockchain technology courses: MIT, Cornell, Duke, Princeton, NYU, Georgetown… Distributed ledger, the concept behind the Blockchain technology, was conceptualized as a core component of Bitcoin in 2008 by the entity named Satoshi Nakamoto. It is great and will get better and better but today it requires a lot of computer power and the size of data to be added to the database is limited. Bitcoin payments are accepted almost nowhere and verifying a transaction could take up to an hour. So, what will happen with the other 1,500 e-currencies that were created in the past few years? Well, at least 800 e-currencies have died today. Again, people have invested over $300 billion in the past few years which is equivalent to the deficit the USA has with China. If you want to know more about Blockchain technology and cryptocurrency please go to our website and download an info-chart absolutely free. https://www.quicksocial.us/blockchain-free-info-chart, I hope you enjoy it! What is the most important piece of info on your business card? Quick Social at IWF Atlanta 2018 (August 22-25) Print 748 Rate this article: No rating Tags: Conference Cyber Security Data Collection Globalization Innovation IoT Keep your company lean and profitable Palm Harbor Safety harbor Security St Petersburg Structured Data Sustainability Trending Please login or register to post comments.