I was thinking more along the lines of adapting the tech to things you wouldn't immediately think of. Using the idea of distributed trust to create a lightweight escrow service for example. Bitcoin is the pioneer of the tech, but its uses go beyond a currency format.
Indeed they do. You can encode information in the blockchain already, and hopefully it would scale up with increased use. One of the uses that is more immediately feasible is maintaining a deed registry on the blockchain, which would be pretty easy. But that's part of the evolution.
We're seeing Bitcoin/blockchain tech in it's absolute infancy. It could die, sure, but if it doesn't it could grow into something we couldn't imagine.
I was thinking more along the lines of adapting the tech to things you wouldn't immediately think of. Using the idea of distributed trust to create a lightweight escrow service for example. Bitcoin is the pioneer of the tech, but its uses go beyond a currency format.
Indeed they do. You can encode information in the blockchain already, and hopefully it would scale up with increased use. One of the uses that is more immediately feasible is maintaining a deed registry on the blockchain, which would be pretty easy. But that's part of the evolution.
We're seeing Bitcoin/blockchain tech in it's absolute infancy. It could die, sure, but if it doesn't it could grow into something we couldn't imagine.