6 years, 5 months ago

What investors should watch out for while finding a blockchain unicorn

Remember a decade back when Indian IT entrepreneurs attracted both brides and valuations? Kodak recently launched Kodak One as a cryptocurrency using blockchain technology to protect the copyright of photographs and images registered on its platform. Beneath the froth lies the strength of blockchain to change the way we live, work, connect and transact, and that is attracting tech communities in Silicon Valley, London and India. This is blockchain’s fundamental premise: it is the technology behind a distributed network of computers that can be used to store data securely but which, uniquely, has a single memory. Walmart recently tested blockchain in its food-supply chains while IBM is rolling out its in-house hosted blockchain solutions for clients in the food industry.

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