Chapter 3 – The Business of Blockchain

Everybody has trust issues with something in their lives. Many people today, don’t trust inputting their information into the internet. However, even with this mistrust, it hasn’t stopped many people from continuing to do it.

One purpose of blockchain technology is to help ease the distrust that people have with inputting their information on the internet and is one of the main reasons why companies are increasingly investing their money in the use of this technology. In fact, between 2013 and 2016, a study showed that blockchainmanaged funds reached a total of $1.6 billion, which equates to a 1,600 percent increase.