Blockchain. Today Applicability and Implications (original) (raw)

Blockchain is an emergent technology with very rapid evolution that seems to radically reshape industry, economy and society [2]. It seems that blockchain technology triggers the beginning of the second era of digital economy. First era of digital economy is the result of the convergence of computing and communications technologies, meanwhile its second era tends to be a combination of computer science, mathematics, cryptography and behavioral economics [10]. It started back in 2008 when it was introduced for the bone structure of cryptocurrencies by a person or a group of people known for the name Satoshi Nakamoto. This paper aims to be an overview of what Blockchain currently involves, also it discusses its potential applications in different industries and its implications for society and economy in the context of next generation of internet.