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BLOCKCHAIN: CHALLENGES AND OPPORTUNITIES, BEYOND BITCOIN

SEPTEMBER 2017   -  Volume: 92 -  Pages: 517-521

DOI:

https://doi.org/10.6036/8283

Authors:

GIUSEPPE PSAILA -
PABLO GARCIA BRINGAS

Disciplines:

  • Telecommunications technology (OTRAS )

Downloads:   202

How to cite this paper:  
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Key words:
Decentralized registry, transaction log, public ledger, crypto-currency, electronic notary, registro descentralizado, registro de transacciones, cripto-divisa, notario electrónico
Article type:
COLABORACIÓN / COLLABORATION
Section:
COLLABORATIONS

Bitcoin, the virtual currency created to serve as an asset of value exchange regardless of any central authority, is now at its highest historical value.
With a revaluation throughout the year 2016, a unit of this currency is currently quoted above the psychological barrier of 1,000 Dollars.
In addition to the extraordinary growth, the technology on which this crypto-currency is built, BlockChain, also offers exceptional features, never achieved before, that certify its cutting-edge character.
In particular, its robust, secure, verifiable, distributed, and unalterable information recording capabilities draw the attention of world-class experts and firms.
Beyond its application to the economic and financial sector that gave birth to it, world-class entities are betting on its application to a wide variety of sectors, among which the industrial sector has particularly exciting expectations; a sector that is also currently living an authentic fourth industrial revolution, in which everything is yet to be done.
Everything indicates that a technological phenomenon of the first level has arrived to stay. What will be its real impact?

Key Words: Decentralized registry, transaction log, public ledger, crypto-currency, electronic notary

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