Chain.com CEO Adam Ludwin On How Money Will Become Digital
Over the next couple decades, Bitcoin’s blockchain technology, which allows financial transactions to be recorded using distributed ledgers, obviating the need for a middleman, is going to remake the way we handle money. Dollars will become digital, as will many other financial assets such as loyalty points, gift card points, mobile minutes, energy credits and more. San Francisco-based Chain.com is one Bitcoin startup working on building out this future — in the company’s case, it is providing the technical tools for large institutions and other digital currency startups to use the Bitcoin protocol (and will add other protocols as it sees fit).
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