David Stancel
Cryptocurrency Expert, Advisor, Lecturer, Author, & exCTO @ Fumbi
Source:Coindesk
Definition - new data structures--> new consensus --> DLT
Differentiation - vs. traditional distributed databases?
Central Governance - a trusted central party defines the rules as well as how updates are made and distributed, all interested parties accept the outputs
While we may see decentralized businesses in the future , they are far more likely to come from the public blockchain world where they are able to grow organically in an entirely new paradigm..
Source: Coinschedule
stancel@blockchainslovakia.sk
By David Stancel
Banking Summit 2018 -October
Cryptocurrency Expert, Advisor, Lecturer, Author, & exCTO @ Fumbi