Blockchain technology is currently disrupting most major industries across the globe. From financial services, supply chain management, and cyber security to online music distribution, cloud computing, and philanthropy, the blockchain is rewriting the status quo in many sectors. The distributed ledger technology that was pioneered by the cryptocurrency bitcoin is also becoming a valuable tool for the public sector as it can be used to record and store digital identities, for electronic voting, and to distribute welfare payments, among several other applications. However, the change that the blockchain will bring in business and in society will also force lawmakers to write new laws that will govern the technology’s innovations...
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