Blockchain technology, in particular, its most famous application Bitcoin, has captured many people`s attention in 2017. Having started the year worth around USD 1,000, the cost of buying one Bitcoin soared from USD 17,000 per coin last week to more than USD 19,000 only to drop to USD 15,000, all within 20 minutes - demonstrating the volatility of the virtual currency. Although some, particularly in the financial and business sectors, say the underlining blockchain technology behind cryptocurrencies like Bitcoin are revolutionary, there is healthy scepticism within the technical community. One sceptic is Internet Hall of Famer, Radia...
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