NZ companies embrace the revolutionary potential of blockchain123RF Blockchain is the engine beneath the virtual currency Blockchain. SUPPLIED Mark Pascall: Blockchain will enable "a world where control moves to the individual." READ MORE:* Air New Zealand to explore blockchain with Swiss travel platform Winding Tree* Kiwis embrace blockchain, despite bitcoin bottleneckUnlike Napster, however, there is no company in the middle. Mark Pascall, of business consultancy Blockchain Labs NZ, says that until Blockchain's emergence, governments and agencies were reliant on centralised databases to store information. Essentially blockchain relies on a world that polices itself rather than a middle-man.

Source: Stuff December 09, 2017 15:56 UTC