How blockchain technology works and why so many struggle to understand it.
Interview with Stephen P. Williams
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What if the next big thing turned out to be the next everything? It would need to be a technology so powerful yet so pliable that it could find a place in every industry, any activity, and all manner of creativity.
Blockchain is “The Next Everything” asserts Stephen P. Williams. His latest book offers an explanation in layman’s terms of how the technology works and even suggests reasons why so many people struggle to understand it.
“What I find most exciting is that blockchain is a distributed technology, which is a new way of looking at the world,” Williams tells CCC’s Chris Kenneally.
“We generally respond very well to top-down, hierarchical systems– president, father, mother, teacher, each telling us what to do,” he explains. “Blockchain technology allows for a distributed system where everyone who participates in the system has an equal say in how that system works. This presents huge potential for designing new ways of doing business, of creating, of communicating.”
