Twenty years ago, people who thought that the Internet would completely transform business processes would have been right, but they could also have lost a lot of money investing in “dot com” enterprises that failed.
Organizations today find themselves in much the same position in regards to the potential for “distributed ledger technology” (DLT), commonly but imprecisely referred to as “the blockchain.”
Distributed ledgers are synchronized, shared databases spread geographically across countries and organizations. “Blockchain” is one of the original distributed ledgers and the one that supports the “bitcoin” digital currency.
