Opportunity Knocks

Great opportunity for ZYB if technology can secure this data and if it gets rolling!


Blockchain Explained
But we can also see past all the “game changing” and “disruption” hype as well.

Yes the positive benefits include increased productivity, less reliance on middlemen and central authorities as well as lower transaction costs. But they come at a cost. This has to be tempered with the inherent risk in transacting with anonymous parties, cyber security breaches and compliance as well as privacy issues. And most importantly what happens if something goes wrong such as a hack.

How things get dealt with when things don’t go right is an important ongoing issue being discussed by the blockchain community.

The scope for such technology I reiterate can’t be ignored however as demonstrated by the number of patents being applied for relating to computer software indicating the opportunities and potential that lies ahead.


http://ippolito.com.au/blockchain-explained/