Blockchain

Is IBM Building Its Own Digital Currency?

Bitcoin may still be the fringe coinage of technophiles, but the idea behind the cryptocurrency is rapidly marching towards mainstream. Reuters reports that IBM is considering adopting Bitcoin’s blockchain technology to create a new digital cash and payment system. “IBMCoin” would allow users to send money anywhere in the world without having to use a…

We’re fast approaching an era when companies will be able to run themselves. Called Distributed Autonomous Corporations (DACS), they’ll utilize cloud robots to manage supply chains without human supervision. But as an article at Aeon asks, will these blockchain-style systems set us free, or just make the rich richer?