Blockchain has huge potential for making clearing and processing of commodities and stock trades cheaper, says Patrick Byrne, CEO of Overstock. The future of finance could be dominated by blockchain technologies.
A traceable global currency complete with an efficient infrastructure will not only result in massive cost reduction for all market participants, it will change global banking. Bitcoin will do for payments what email did for communication.
Blockchain is the next great disruptor, even more likely to change the next decade of business than big data or artificial intelligence (AI).