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BLOG: More than money, bitcoin's real value lies in its algorithms

Serdar Yegulalp | Jan. 15, 2014
Blockchain technology that powers bitcoin and other digital currencies is showing up in a variety of other applications.

Most of the current hubbub around bitcoin revolves around its use as a currency — the value of a bitcoin versus the dollar, and whether or not governments will accept its legitimacy. But the underlying math has a power and utility that outstrips any of bitcoin's financial implications. It'll be fascinating to see how those develop, entirely apart from and in parallel with the cryptocurrency itself.

Source: InfoWorld

 

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