Yup, blockchain taking over. Unfortunately the period of regulation and control by government and institutional forces is long and manipulated so the right folks get to take advantage ... even if they should suffer from being late to the party.
_________________________________________________________________________________
A paste of small portion from article reading this am:
Consider some of the cutting-edge things happening in crypto right now, which are only possible because regulatory frameworks are being developed...
IBM (IBM) has announced a blockchain computer the company claims will be "smaller than a grain of salt."
This, the company's head of research says, will allow crypto assets to be embedded in objects or devices via tiny computers. In other words, crypto could power the Internet of Things ("IoT"), which is a multitrillion-dollar technology revolution.
Marex Solutions, a London-based finance company, has introduced the first-ever "structured note" powered by a blockchain "smart contract."
"Smart contracts" make it easier for individuals to use and understand financial contracts. This technology could begin to dismantle old Wall Street... And it is happening with the help of regulations to move things forward.
Mobile-payments company Square (SQ) has reported that 60% of its vendors are open to accepting bitcoin.
Crypto assets are moving into everyday commerce, making it easy to pay for things with bitcoin or other cryptos via your smartphone. This will require more rules to handle disputes, and so customers can feel safe when making transactions.
Google is reportedly working on blockchain technology and digital ledger applications.
A true sign that crypto assets and blockchain are here not only to stay, but to become a multitrillion-dollar industry, is that the kings of technology are starting to adopt them. We have already heard news that retail giant Amazon (AMZN) is testing the waters for an "Amazon Coin." Now we hear that Google is moving into crypto and the blockchain.
Smartphone manufacturer Huawei Technologies is developing a blockchain-friendly mobile phone.
