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A few years after the advent of cloud computing solutions (2006), came cryptocurrencies like Bitcoin (2009) and Ethereum which leveraged blockchain to decentralize financial transactions. This also meant leveraging blockchain technology for supplychain management could revolutionize the logistics industry forever. Conclusion.
Finances, healthcare, insurances, real estate, and supplychain – blockchain has managed to render each one of these sectors more efficient and cost-friendly, to the benefit of everyone involved. Blockchain was first introduced to the general public with the release of Bitcoin, way back in 2009.
In the year 2009, a man under the alias of Satoshi Nakamoto invented the first digital currency called bitcoin and initiated the use of blockchains. I believe the only way to preserve the lasting value in fiat currency, which is only based on society’s social agreement of value, is to digitize it. It will be revolutionary.
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