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The pace of technological change in the time we’ve been in work is only a shadow of what we will see over the next 15 to 20 years. Development of new business models and technology, such as crowdfunding and fintech, is driven by an innovative mindset without any creative boundaries. However, legislation might seem an impossible barrier to climb. Often the law is not designed to accommodate new business models.

This can easily put large limitations on a project. So how do creative minds find solutions without compromising on law or innovation? Is it possible to pair legal with innovation in a solution-oriented way? Blockchain’s reported potential for reducing bank infrastructure costs. Amount the global blockchain market is expected to be worth in 2024. Average investment in blockchain projects in 2017.

Percentage of major North American and European banks that are exploring blockchain. We’re in the market through regulated platforms. It will be everywhere and the world will have to readjust. World governments will have to readjust. Logan Kugler Entrepreneur and journalist Ubiq is the strongest: immutable unlike ETH, and with a brand focus away from experimentation and toward corporate professionalism.

Once the Ethereum ICO craze breaks and that platform loses trust, Ubiq’s secure network and failure-free track record will present it as a viable smart contract competitor. Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency. Economists and journalists often get caught up in this question: Why does Bitcoin have value? And the answer is very easy. Because it is useful and scarce. You do need some kind of alternative and Bitcoin fits the bill.