“The “blockchain” concept on which cryptocurrencies work might be extrapolated to many other areas of life, such as voting systems, where it’s incontrovertible chain of decisions and evidence could ensure validity in a political or other election.
Writing in the International Journal of Web and Grid Services, a team from Lodz University of Technology, in Łódź, Poland, explain how it was the cryptocurrency Bitcoin, introduced by an individual (or a group) under the pseudonym Satoshi Nakamoto in 2008, that revealed the blockchain concept. The blockchain concept was invented to be used to give value to a cryptocurrency but its description shows that it might be used in other areas equally as well:…”
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