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You're reading from  Blockchain for Business 2019

Product typeBook
Published inJan 2019
Reading LevelIntermediate
Publisher
ISBN-139781789956023
Edition1st Edition
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Author (1)
Peter Lipovyanov
Peter Lipovyanov
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Peter Lipovyanov

Peter Lipovyanov is an experienced investment banker and venture investor currently focusing on blockchain projects and crypto-assets. A firm believer in the potential of blockchain technology to change the world for the better by facilitating financial inclusion across the globe and improving the efficiency of financial markets and other sectors of the economy, he has been involved in several promising blockchain projects building decentralized applications. His passion for education also led him to create a bestseller online course about the fundamental principles of blockchain technology and its business applications, which is the basis for this book.
Read more about Peter Lipovyanov

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How blockchain comes into the picture

Now, it's time to ask ourselves this question—Is blockchain the next logical step in monetary evolution?

"There are 3 eras of currency—commodity based, politically based, and now, math based."
- Chris Dixon

The preceding quote shows how the concept of money has evolved over the years.

Throughout all of these stages, we have had an idea of value in our mind, but it has evolved hand in hand with our civilization and technology, from something that you can touch and actually use; to something that you can touch, but cannot use (except for trade); to just an abstract idea. As you can see, the form has changed, but the idea of value has always remained the same, and we represent and communicate the idea of value in terms of money.

This abstraction of value brings us to the next evolutionary step: digital cryptocurrencies...

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Blockchain for Business 2019
Published in: Jan 2019Publisher: ISBN-13: 9781789956023

Author (1)

author image
Peter Lipovyanov

Peter Lipovyanov is an experienced investment banker and venture investor currently focusing on blockchain projects and crypto-assets. A firm believer in the potential of blockchain technology to change the world for the better by facilitating financial inclusion across the globe and improving the efficiency of financial markets and other sectors of the economy, he has been involved in several promising blockchain projects building decentralized applications. His passion for education also led him to create a bestseller online course about the fundamental principles of blockchain technology and its business applications, which is the basis for this book.
Read more about Peter Lipovyanov