ADAM GREENBERG
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      • Successfully campaigned for Emergency Window Hammers on Buses in South Korea
      • Started "AmeriCorps Alums" Kiva.org group lending $30,000+
      • I.M.P.A.C.T. Leadership 2007
      • S.T.R.I.V.E. Mentor 2006
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      • The White House Council on Environmental Quality Intern 2009
      • BioTour on the 2008 Campaign Trail
      • aRc of Montara
      • Founded #CleanGwangju
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      • National Outdoor Leadership School Alumni 2016
      • Rocks + Ropes Facilitator 2011
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      • Teaching English in South Korea
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      • PolitiCorps Fellow 2009
      • Young People For Fellow 2007
    • Work with Me >
      • Bitcoin + Blockchain Consultation
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      • Latest: #SydNYE 2017
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      • Denver 9 News Interview re: Tonight's Watercolor
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    • Korean Students' Drawings of Teacher
    • Early Published Works
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THE BLOCKCHAIN

You mean Bitcoin?
Not quite.

​You might be vaguely familiar with Bitcoin. Maybe your 
Conspiracy Theorist Cousin brought it up at that one time?
​
Now, I'm not speculating on the future value of Bitcoin or endorsing it directly. I'm referring to t
he Blockchain technology - the underlying platform which runs Bitcoin.

I've been following this for a few years now and what I see is that this revolutionary technology is apparently here to stay. It will only continue to grow more mainstream in the coming decade. In the past few years, billions of venture capital funding have been pouring into all sorts of companies working on interesting and important applications of the Blockchain.

SO WHAT IS THE BLOCKCHAIN?

The Blockchain is essentially an incredibly secure, pseudo-anonymous, peer-to-peer network which facilitates transactions for a mere fraction of the cost typical today. 

This is particularly of note in the financial sector for money transfer services provided by banks, credit cards, PayPal and the like.

WHY IS THIS IMPORTANT?

Approximately 1.5 billion "unbanked" people in the developing world would directly benefit from access to this essentially free, secure, easy-to-use (and much faster) method of banking - particularly in regard to remittance services and small daily financial transactions.

But it's not just the world's unbanked who will benefit, this also has implications for smart contracts and cases in which proof-of-work or multi-signature validation are required.

WHAT ARE PEOPLE SAYING?

Among many, one notable quote comes from former senior Vice President at Visa, John McDonnell, “We see Bitcoin as probably the biggest innovation in FinTech since the introduction of electronic payments — going back to the magnetic stripe card and Visa.”

Are you paying attention?
And also,
How The Blockchain Will Transform Everything

    What Do You Think?

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  • Hi, I'm Adam
    • ID >
      • Two Poems
      • Computer Drawn Art
      • SCUBA diving
      • Korean Ice Cream Review
      • Last Night's Dream
    • EGO >
      • A Bio-Story
      • Resume
      • What Others Say
      • "Ew, Baby Pictures"
      • Fun with facial hair
    • Issues >
      • Debt-Free Education >
        • Learn for Free >
          • Khan Academy
          • Coursera
          • MIT Open Courseware
          • Skillshare
          • Udemy
          • Highbrow
        • Earn Scholarships
      • National Service
      • Election Reform
      • Retire the Penny
      • Universal Basic Income
      • The Blockchain
      • Net Neutrality
      • DVORAK vs QWERTY
      • Senior Citizen Driving Exam
      • Art + Creativity
    • Speaking
    • Subscribe
    • Search
    • Contact Adam
  • Work with Meaning
    • Alternative Business Models >
      • TOMS | One for One
      • iPhone Screen Repair | Name Your Own Price
      • "Adam, I Need A Website" | The Gift Economy
    • National Service >
      • Peace Corps Volunteer 2018
      • AmeriCorps NCCC Team Leader 2011
      • AmeriCorps NCCC Corps Member 2007
    • Leadership in Community >
      • Successfully campaigned for Emergency Window Hammers on Buses in South Korea
      • Started "AmeriCorps Alums" Kiva.org group lending $30,000+
      • I.M.P.A.C.T. Leadership 2007
      • S.T.R.I.V.E. Mentor 2006
    • Environmental Stewardship >
      • The White House Council on Environmental Quality Intern 2009
      • BioTour on the 2008 Campaign Trail
      • aRc of Montara
      • Founded #CleanGwangju
    • Outdoor Education >
      • National Outdoor Leadership School Alumni 2016
      • Rocks + Ropes Facilitator 2011
    • Teaching Abroad >
      • Teaching English in South Korea
    • Activism >
      • PolitiCorps Fellow 2009
      • Young People For Fellow 2007
    • Work with Me >
      • Bitcoin + Blockchain Consultation
  • Travel with Intention
    • And on a Budget >
      • Full-Time Travel on $15 a day
      • Budget Travel Tips
      • More Resources + Recommendations
    • Travel Guides >
      • CouchSurfing: A Travel Style
      • Quick Guide to Housesitting
      • Guide to Help Exchange
    • Countries Lived / Traveled >
      • Asia >
        • Cambodia
        • China
        • India
        • Indonesia
        • Israel
        • Japan
        • Laos
        • Malaysia
        • Philippines
        • Singapore
        • South Korea
        • Taiwan
        • Thailand
        • Vietnam
      • North America >
        • Canada
        • Mexico
        • United States
      • Oceania >
        • Australia
    • CouchSurfing Stories
    • World Travels Photography
    • Adam + Lianne
  • Create Generously
    • Hand-drawn postcard, free to your mailbox
    • CREATE and GIFT
    • Tonight's Watercolor!
    • Prints @ Society6
  • Media
    • Photography >
      • Latest: #SydNYE 2017
      • World Travels >
        • Asia >
          • Cambodia
          • China
          • India
          • Indonesia
          • Israel
          • Japan
          • Laos
          • Malaysia
          • Philippines
          • Singapore
          • South Korea
          • Taiwan
          • Thailand
          • Vietnam
        • North America >
          • Canada
          • Mexico
          • United States
        • Oceania >
          • Australia
      • Motorcycle
      • Disney Cars Tent
      • Jolly Roger Flag
      • 2005 "Phase"
      • Instagram
    • Videography >
      • 1 Second Every Day
      • Motorcycle Rides around Korea
      • BioTour on the 2008 Campaign Trail
      • Skydiving
      • Free 7-Eleven Slurpee Day!
      • Denver 9 News Interview re: Tonight's Watercolor
    • Music
    • Korean Students' Drawings of Teacher
    • Early Published Works
    • Books on my Shelf
    • Motivating Quotes
    • Press
    • Published Articles
    • My Upcoming Book
  • Blog