The summary article published a couple of weeks ago at O’Reilly focuses on the key concepts behind the blockchain technology (that is well-known from the crypto-currency Bitcoin) and explains four future areas of application of the technology in a more decentralized world:
- Currencies – Exchanges, wallets, currencies mining, payment processing
- Pegged services – Web services using the value store principle embedded into blockchain technology
- Smart contracts – Manage and validate movement of assets or values
- Decentralized autonomous organizations
Find out more at: http://radar.oreilly.com/2015/01/understanding-the-blockchain.html