Monday, 23 September 2019

In a converted warehouse in Brooklyn's Bushwick neighborhood, dozens of ambitious developers are working to build blockchain applications that will change how the world buys, sells, and trades most anything.

Blockchain-based solutions have only just begun to launch in the financial services market, but considering the volume of interest in deploying blockchain tools to address the massive $1.5 trillion trade finance gap, it appears as if the niche could quickly become saturated with distributed ledger technology (DLT).

Cryptocurrencies are often valued in terms of network effects. Network effects are emergent properties that occur when the value of a network increases with the number of its nodes.

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