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Don't let doubts about blockchains close your mind

Prepare yourself for the new intellectual battlefield

IBM, blockchains,insurance companies,Cateina ,FinTech Report 2017 ,ICICI Prudential, HDFC Life, SBI Life, IDBI Federal Life, India First Life, MultiChain, bankchain
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Insurance blockchain consortium awaiting nod to grow nationally

Tyler Cowen | Bloomberg
Many people, when they hear the word “blockchain,” think of Bitcoin and other cryptocurrencies. Yet there is another feature of the blockchain afoot, one which promises to bring a new and radical decentralisation to technology, including social media. Or as it was reported on Twitter: “Silicon Valley used to be a counterculture. It’s not anymore. It is the establishment. The crypto community is the new counterculture.”
 
The basic idea of a blockchain, in its purest form, is to set up a record-keeper and adjudicator that does not rely on any specific third party or outside institution. The details are complex,