Blockchain Hype or Future??
Indeed blockchain has the potential to revolutionise how we deal with assets today, just as bartering and banknotes did.
A recent World Economic Forum survey found that most experts think blockchain — the technology that underpins cryptocurrencies such as bitcoin — will become mainstream by 2025. So is blockchain the future of money, or is it all fantastical hype?
Izabella Kaminska of FT Alphaville believes blockchain and bitcoin are a flawed solution to a problem that does not exist. Simon Taylor, co-founder and blockchain director of 11:FS, a london-based fintech company, believes cryptocurrencies will play an important economic and business role within two decades. They discussed the topic on ft.com, aided by questions and comments from FT readers and moderated by Carola Hoyos, editor of Working in Accountancy, in a debate for this report.
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