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The Future of the Blockchain

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Abstract

History is littered with predictions that have proved to be spectacularly wrong. In 1876, William Orton, President of Western Union said ‘This “telephone” has too many shortcomings to be seriously considered as a means of communication’, contemptuously dismissing Alexander Graham Bell’s new invention.

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Notes

  1. 1.

    Quantum computers have the potentiality to be very fast, but will be of low precision, whereas the classical computers are slow, but have a far higher precision. To achieve the same precision with quantum computers, quantum calculations would need to be repeated multiple times, after which the results should be averaged; this would annihilate the advantage of speed.

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Correspondence to Maria Grazia Vigliotti .

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Vigliotti, M.G., Jones, H. (2020). The Future of the Blockchain. In: The Executive Guide to Blockchain. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-21107-3_10

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