The future of blockchain

Gene Neyer

Journal of Digital Banking, 2017, vol. 2, issue 1, 74-96

Abstract: Bitcoin ushered in the age of cryptocurrencies, blockchain and digital ledgers with the potential to revolutionise financial services. This paper analyses representative cryptocurrencies to conclude that rumours of Bitcoin’s imminent irrelevance stem from the difficulty of measuring adoption. The interest in Bitcoin is high and still growing. It is likely to continue to develop as a relevant financial instrument. The excitement about blockchain must be tempered by the fact that at its development stage every technology is seen as disruptive and transformative. The paper then proposes a selection approach to aid business leaders in moving blockchain from the innovation lab experiments to production deployments and into sustained operation.

Keywords: Bitcoin; Ethereum; Ripple; blockchain; digital ledger (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jdb000:y:2017:v:2:i:1:p:74-96

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