Blockchain
Till very recently the blockchain prospects would typically be described in the future tense, however the application of the technology these days reminds a lot the early days of Internet – the global network everybody is using now. Initially conceptualized by Satoshi Nakamoto in 2008 for “peer-to-peer version of electronic cash”, the concept developed into new applications of the distributed blockchain database known as Blockchain 2.0 in 2014. Blockchain is based on the same decentralized principles as open-source software, performing at lower costs and often at a higher level of efficiency, stability and security.