How blockchain comes into the picture

This is a truly fascinating time to keep up with technological innovation. We have created this book with the hope that it will inspire you and will foster your interest in blockchain technology, and not just the speculative aspect of it with the thousands of new cryptoassets coming out. If you want to be truly empowered by it, you should try to understand what it actually does and how it can be applied in the real world.

Think of this moment as the mid 1990s when the internet was emerging, but very few people had an idea how it functioned and what applications it might have.

Well, we already presented you the fundamentals of blockchain and why it is such an exciting new technology. Now, it is time to consider how it can be applied and integrated into our world.

We are not going to talk about cryptocurrencies and market speculation. Hopefully, we didn't just lose half of our audience with this statement!

Instead, we will talk about ideas and technology applications. This is something much more valuable in the long run.

So, now we are going to examine the potential impact blockchain might have on several industries in the future, and what business opportunities can arise when this comes to fruition.

It isn't a coincidence that we are starting with the financial sector. As we already said, the financial services industry has been stagnant for quite some time and the technology known as the internet of money has the potential to disrupt the existing status quo.

This isn't a question of if, but more of a question of how and when.