The original blockchain was a distributed ledger used to trade the cryptocurrency bitcoin. Bitcoin transactions would be pooled into blocks to lower the cost of validation for each individual transaction.
But according to a new report published by consultancy Opimas, the so-called “blockchain” initiatives beginning to populate the capital markets have little resemblance to the original bitcoin-blockchain model. Most initiatives today do not require transactions to be “blocked” together.
Wei-Shen Wong joins the podcast to discuss all things Asia: cloud, crypto, blockchain, AI, India-SGX and more.Subscribe to Weekly Wrap emails