Blockchain: a solution looking for a problem

blockchain-lipton — The Holy Grail? Bitcoin is highly centralised and predominantly orientated towards the Chinese market

Alexander Lipton
27 Sep 2016

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Alexander Lipton is a Connection Science Fellow at MIT and an Adjunct Professor of Mathematics at NYU.

Fintech in general, and blockchain and distributed ledger technology (DLT) in particular, are currently the toast of the town. Expectations of their impact on the banking industry are nothing short of miraculous; it looks like finance is going through a ‘cold fusion' phase. Potentially, fintech can have numerous applications; as of now, it is not clear which ones.

Although the current obsession

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