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This step explores in more detail how the blockchain can be used. It also describes generic application patterns of the blockchain and relates them to its properties. Additionally, this step sketches some specific applications of the blockchain and explains what details should be considered when analyzing a specific blockchain application.
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World Economic Forum. The future of financial services—How disruptive innovations are reshaping the way financial services are structured, provisioned and consumed. An Industry Project of the Financial Services Community, 2015; World Economic Forum. The future of financial infrastructure—An ambitious look at how blockchain can reshape financial services. An Industry Project of the Financial Services Community, 2016; Foroglou, George, and Anna-Lali Tsilidou. Further applications of the blockchain. 2015. Paper presented at the Columbia University PhD in Sustainable Development 10 Year Anniversary Conference, February 28, 2014.
On the other hand, the use of truly anonymous cryptocurrencies may make tax avoidance easier.
- Using the Blockchain
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- Step 24