Blockchain The Shift Inception of a Database of Everything
In a time of Artificial intelligence and Internet of Everything, Blockchain is now becoming the shift inception database of the internet, the new macro database and maybe as it is scaled, the new holistic global source database for everything that is related with value creation, (big) data, and identity!
Is the Blockchain the real deal, the seminal “trust protocol”? As Blockchain-related interest and investment reaches critical mass, most of the top-tier global banks start adopting it, and the technology shows itself to be capable of driving major change. Leaders worldwide are starting to investigate it in detail and looking at real life scale solutions.
Blockchain enforces the convergence on common data standards, and eliminates, in theory, the need for a central authority to hold some kind of moving assets, ie, a value exchange through some kind of “golden record”, Blockchain holds the potential of reducing reconciliation and facilitate a seamless transfer of digital assets.