“Blockchain technology can undoubtedly change industries, especially those that labor under often byzantine, opaque and friction-laden business models. While many of the early pioneers are focusing on finance and insurance, the opportunities for this radical technology may very well reorder society as we know it. The remarkable case of Estonia, for example, shows a country reinventing itself into a future-proof digital state, where citizen services are rendered nearly instantaneously and to people all over the world. Similarly, promising work inspired by the famed Peruvian economist, Hernando de Soto, on improving land registries is being carried out by BitFury in a host of countries. With land and property being the two largest assets people will own – and the principal vehicle of value creation and wealth transfer – an unalterable, secure and transparent registration process should give the world comfort and elected leaders longevity…”
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http://m.huffpost.com/us/entry/us_59806b85e4b07c5ef3dc1808
