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USA Conversation

The Conversation USA

The Conversation USA

Blockchains: Focusing on bitcoin misses the real revolution in digital trust

  • Written by Ari Juels, Professor of Computer Science, Jacobs Technion-Cornell Institute, Cornell Tech, and Co-Director, Initiative for CryptoCurrencies and Contracts (IC3), Cornell University
imageEnsuring trust in digital records and transactions is hard; the blockchain is an important solution.Robert Bagnall/YouTube, CC BY

In 2008, short of sending a suitcase full of cash, there was essentially just one way for an individual to send money between, say, the United States and Europe. You had to wire the money through a mainstream financial...

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