Discusses the advantages of Blockchain technology on the developing world and economy

 

Helps answer the key question looming over the future of blockchain in the developing world: Will existing institutions  embrace these technologies to rapidly grow and develop, or will people use these technologies as a new route to trust, enabling them to circumvent existing low-trust institutions?

Offers and explains these two scenarios for how Blockchain technology will evolve--the Big Bet Scenario and the Devil You Know Scenario--showcasing the effects of each