Bitcoin (the System) is providing a peer-to-peer version of electronic cash, by computationally securing an online cash transaction with a cryptographic hash function, using digital signatures to proof ownership of the message on the Bitcoin network.
Musings for 2016
Can 2016 build-on and deliver what bitcoin / blockchain initiated, providing a standardized secure and reliable micro-service environment using IoT devices for the public, government and commerce? Microsoft embraced the open market and Apple with IBM is setting an enterprise roadmap; there is still hope for a great 2016 in the midst of political turmoil
Cryptographic Currency Series
This series of crypto-currency posts will systematically give an overview of Bitcoin to gain an understanding of the concepts and operations, starting with an introductory overview (in the first few posts) before exploring the possible impact, advantages or disadvantages and disruption it will cause.