World Economic Forum: Distributed Technology to Go Mainstream by 2027

[LiteCoinGuy]

World Economic Forum: Distributed Technology to Go Mainstream by 2027

A survey released by the World Economic Forum (WEF) suggests that “Distributed Financial Technology” will go mainstream in 12 years. This includes distributed technologies such as Bitcoin and cryptocurrency, the Internet of Things, and blockchain technology. This WEF survey comprises of over 800 executives and experts going into great detail about Bitcoin and blockchain technology, lauding their great potential throughout the entire paper.



http://cointelegraph.com/news/115334/wo ... am-by-2027

http://www3.weforum.org/docs/WEF_GAC15_ ... t_2015.pdf



2027 or even earlier

[LiteCoinGuy]

"Bitcoin and digital currencies are based on the idea of a distributed trust mechanism called the “blockchain”, a way of
keeping track of trusted transactions in a distributed fashion. Currently, the total worth of bitcoin in the blockchain is around
$20 billion, or about 0.025% of global GDP of around $80 trillion."



last time i checked the data it was 4 billion

[LiteCoinGuy]

really big news if you ask me! coindesk finally has a story too:

http://www.coindesk.com/

the World Economic Forum is a very powerful and influential group.

https://en.wikipedia.org/wiki/World_Economic_Forum