Blockchain has received a significant amount of analyst and press attention over the last few
years as this emerging technology holds significant potential. Use cases are many and varied:
ranging from programmable cryptocurrencies to property deeds management to provenance
tracking to voting records.
Cryptocurrencies were the first application of this technology, and in doing so introduced
an entirely new set of businesses, jobs and vocabulary to the world of payments. Visa has
been exploring the impact of these technologies to determine how this new ecosystem will
continue to grow and evolve.
Amongst all the excitement and enthusiasm in the press there has also been some hyperbole,
and any efforts to provide a realistic snapshot of the industry should be welcomed. Visa
welcomes opportunity to sponsor research from a respected organisation, the Judge Business
School at Cambridge University, which we trust, the reader will find objective, informative
and insightful.
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