Blockchain: The Distributed Ledger Technology That Will Change Society.

The internet is entering a second era that’s based on blockchain. The last few decades brought us the internet of information. We are now witnessing the rise of the internet of value. Where the first era was sparked by a convergence of computing and communications technologies, this second era will be powered by a clever combination of cryptography, mathematics, software engineering and behavioral economics. It is blockchain technology, also called distributed ledger technology, where everything of value will be recorded and accessible by all involved parties. Information will no longer be centralized and controlled by a 3rd-party. Like the internet before it, the blockchain promises to upend business models and disrupt industries. It is pushing us to challenge how we have structured society, defined value and rewarded participation. At Vemanti, we see blockchain as a foundational technology and thus has made it our strategic technology focus.