10 Big Data and IoT Predictions for 2017

Blockchain transforms select financial service applications. In 1998, Nick Szabo wrote a short paper entitled "The God Protocol." Szabo mused about the creation of a be-all end-all technology protocol, one that designated God the trusted third party in the middle of all transactions. This trust protocol provides a global distributed ledger that changes the way data is stored and transactions are processed. The blockchain runs on computers distributed worldwide where the chains can be viewed by anyone.