Why Blockchain is Cloud 2.0
Cloud innovation was responsible for creating a near-trillion dollar ecosystem. But that was just the first step. Blockchain is the logical next iteration of computing. Cloud was the first move away from centralization. Companies needed to store files and access processing power for applications with ample network bandwidth to accommodate day-long use. However, server rooms required maintenance, constant security, proper provisioning and regular updates. By moving servers offsite (or into the cloud), companies could expand their operations beyond the shackles of hardware. Today, companies can spin up offices virtually anywhere and even hire remote workers with ease. Computers and smartphones are simply bridges to more processing power concentrated elsewhere. Cloud decentralized the workforce Now, Blockchain is introducing the second iteration of computation structure. Through a distributed ledger system, Blockchain has created networks of computations that are secure, im...