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Title: Technology Brief: Blockchain - Risks and Opportunities
Authors: Lim Wei Chieh
Keywords: technology
Issue Date: 1-May-2018
Citation: Lim Wei Chieh (2018-05-01). Technology Brief: Blockchain - Risks and Opportunities : 1-16. ScholarBank@NUS Repository.
Abstract: Almost 10 years ago, an anonymous person or group going by the name of Satoshi Nakamoto introduced the world to Bitcoin and its underlying technology, blockchain. While the individual technological components of blockchain had first originated in academic literature as early as the 1980s and 1990s, it was Nakamoto who put them together into a system that holds much promise in solving some of the biggest problems today. Blockchain technology offers plenty of opportunities and benefits across various industries. And some pundits have even started calling blockchain the greatest invention since the Internet. Of course, as with all new technology, the opportunity comes with challenges and risks that need to be understood and addressed. This brief will discuss the underlying concepts and applications of blockchain technology, and the opportunities and risks that are perceivable at the current stage of development.
DOI: 10.25818/b3h2-f719
Appears in Collections:Department Publications

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