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When Will We See the Blockchain Breakthrough?

When Will We See the Blockchain Breakthrough?
In this photo illustration, a visual representation of digital cryptocurrencies, Bitcoin, Ripple, Ethernum, Dash, Monero and Litecoin is displayed on Feb. 16, 2018 in Paris, France. Digital cryptocurrencies have seen unprecedented growth in 2017, despite remaining extremely volatile. Photo Illustration by Chesnot/Getty Images
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Blockchain technology has been described as being as transformative as the internet itself, but so far real progress is lacking and the headwinds are getting stiffer.

A “block-chain” is the transaction validation technology behind bitcoin and other crypto products. It has a very high price in terms of per unit transaction cost, but has some promising qualitative possibilities.

Christopher Whalen
Author
Christopher Whalen is the chairman of Whalen Global Advisors and the author of "Ford Men." This article was first published by the Institutional Risk Analyst.
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