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I guess we all like to be recognized not for one piece of fireworks, but for the ledger of our daily work.
The blockchain concept was pioneered within the context of crypto-currency Bitcoin, but engineers have imagined many other ways for distributed ledger technology to streamline the world. Stock exchanges and big banks, for example, are looking at blockchain-type systems as trading settlement platforms.
Blockchain is moving beyond cryptocurrency, and it's worth paying attention - especially since successful prototypes show that blockchain, also known as distributed ledger technology, will be transformative.
It is very sad about Michael Jackson, much as in the tragic cases of Heath Ledger, Anna Nicole and other celebrities who have died are a result of drugs. It is always sad when such a bright light goes out.
I call the blockchain 'the Internet of value' and 'the Internet of trust.' Because everything becomes trustless. It's a big distributed ledger. Think of it like an Excel file that's being maintained and updated and managed by millions of computers around the world.
I think the best projects understand that they don't need to invent a new currency. They don't need to use the block chain as their long-term data storage solution. And they don't need to use the peer-to-peer network as their communication mechanism. They should use the block chain as the world's most secure distributed ledger.
The work of the philosophical policeman," replied the man in blue, "is at once bolder and more subtle than that of the ordinary detective. The ordinary detective goes to pot-houses to arrest thieves; we go to artistic tea-parties to detect pessimists. The ordinary detective discovers from a ledger or a diary that a crime has been committed. We discover from a book of sonnets that a crime will be committed. We have to trace the origin of those dreadful thoughts that drive men on at last to intellectual fanaticism and intellectual crime. We were only just in time to prevent the assassination at Hartlepool, and that was entirely due to the fact that our Mr. Wilks (a smart young fellow) thoroughly understood a triolet.
I guess we all like to be recognized not for one piece of fireworks but for the ledger of our daily work.
All the problems of the world could be settled easily if men were only willing to think. The trouble is that men very often resort to all sorts of devices in order not to think because thinking is such hard work.
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