Cryptocurrencies could revolutionise how you donate to your favourite charity or cause. As they’re built on distributed ledger technology, they could provide quicker and more targeted aid, give greater transparency and reduce fees to administrators and middlemen.
Cryptocurrencies had a rough ride in 2018, with most losing a large chunk of their value since the beginning of the year. Meanwhile, blockchain technologies continue to hold promise for many organisations, although most applications remain in the testing stage as 2018 draws to a close.
The world might be moving toward a blockchain-based economy. But the technology today is still at an early stage of development – think Model-T rather than Prius, to use an automotive analogy – so it’s too soon to really know what that economy might end up looking like.
Nobody’s earning master’s degrees or PhDs in blockchain… yet. But the day might soon be coming, as a growing number of mainstream colleges and universities begin offering courses and programmes focused on distributed ledger technology.