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Blockchain Becomes A Shared Dropbox

Blockchain Becomes A Shared Dropbox
Blockchain / Breaking News
Shoes on Rack The value of blockchain is shaping up: an infrastructure layer that enables companies to turn goods into tokens and then trade and settle them. All of this without changing any of the company’s current information management systems writes Enrico Camerinelli of Aite Group. Blockchain becomes a shared “dropbox” in which all parties trust the validity of the data stored in this virtual drive. Data represent physical assets (e.g., goods, invoices, bills of lading, land). Data is then “tokenized”, and tokens can be exchanged as if they were physical currency (i.e., coins). The value of the coins is guaranteed by the value of the underlying asset. Peer-to-peer exchange becomes then possible because the parties recognize the value of the underlying asset and are ready to trade and settle it by simple "drag and drop". Charlie Shrem is a Bitcoin pioneer, a social economist and digital currency trader. His work in this field is legendary. In 2011, at the dawn of the crypto era, he founded BitInstant, the first and largest Bitcoin company. In 2013, he founded the Bitcoin Foundation and serve as its vice chairman. Since then, Charlie has advised more than a dozen digital currency companies, launched and managed numerous partnerships between crypto and non-crypto companies, and is the go-to guy for some of the world’s wealthiest entrepreneurs. In short, he is the ultimate insider at the epicenter of the crypto universe. Crypto.IQ is a premier advisory firm providing expert research, education and advice in the world of cryptoassets. The company is unique in that it combines the unparalleled expertise of crypto pioneer Charlie Shrem with the unparalleled market knowledge of three Wall Street experts with more than a century of combined financial industry experience. Together, they have managed and traded more than $1 billion in assets. In a world of “instant experts,” who have little knowledge or trading experience, the Crypto.IQ team offers the proven depth, insight and knowledge to help their clients achieve success. Raise your Crypto.IQ…and profit! Crypto.IQ gives you the insider knowledge you need to succeed as a cryptocurrency investor.

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