Richard Brown: “….we should view Bitcoin and cryptocurrencies as far more than just currency and payment systems: they’re enablers for whole new classes of innovation.”

Richard Gendal Brown

The IBM “Device Democracy” paper is another example of how blockchain technologies could have impacts well beyond currency

I recorded an interview for Finextra last year, where I argued that we should view Bitcoin and cryptocurrencies as far more than just currency and payment systems: they’re enablers for whole new classes of innovation.

One of the example I gave was how they could provide an economic underpinning for the Internet of Things (IoT) and pointed out that if devices in your home each had their own Bitcoin wallet, the Internet of Things could rapidly become the Economy of Things

On the blockchain, nobody knows you’re a fridge (Buy it from teespring.com!)

But talk is cheap. Implementation and delivery is what counts.

So I have been enormously privileged to contribute, in a very small way, to a fascinating project being led by Paul Brody, IBM’s Vice President for…

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