Cryptocurrencies have long been heralded as the next big thing in finance and economics – and Bitcoin, undoubtedly the most renowned among them, has been fervently discussed in 2017 and 2018. Yes, alternative digital currencies are expected to revolutionize transactions and payment methods.
But more importantly, the innovative technology behind Bitcoin, blockchain, is rumored to have wider applications in a range of fields that extends beyond verifying Bitcoin and altcoin exchanges.