The on-again off-again world of Blockchain

Of course vested interests will have an interest in doing what they can to make sure blockchain technology does not take hold in their neck of the woods.

In these two stories we a have positive development with the IMF holding its first high level meeting on blockchain technology and we have a negative development with a State in the US legislating against the use of Blockchain to track the ownership and use of guns.

Any consideration of ‘use cases’ have to be weighed against the political reality of the landscape in which the technology is to be used. But the genie smoke is out of the bottle and spreading fast. In some areas, it is going to be a battle between those with power who wish to maintain central control and those who can out fox and run faster.

Photo from IMF meeting - April 2017

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