The last 12 months have been a turbulent period in the realm of the blockchain. Ever since the values of most significant cryptocurrencies skyrocketed in fall of 2017, the mainstream world has begun to take more note of crypto and blockchain. While most mainstream analysts and commentators have an imperfect understanding at best, slowly but surely traditional industries and markets are waking up to the potential blockchain technology can offer.

Most of the headlines focus on a combination of day-to-day value rises and falls of cryptocurrency giants like Bitcoin, partnerships between blockchain-based developers and traditional businesses, and the starts and…

Imagine an interaction in the simplest case possible — between two people. You and another person coming to an agreement over any issue or decision, from the most mundane and insignificant to something weighty and important. This happens countless times every day, and forms the structure of all societies and civilizations.

From the simple case, we can increase the complexity. Add another person, or two more people. Now, finding consensus becomes more difficult, though still possible. …

How new technology can create new economic freedom and mutual trust

Compare the world of 2008 with the present world we live in. The transformations in many facets of our lives and the world around us is almost unbelievable. From the proliferation of social media and its influence to the development of machine learning and big data to the development of new applications in technological fields across the board, our reality has changed dramatically.

While living in the moment, it’s easy to take for granted something like using a smartphone to get an Uber. Or to consider that a company…

Bitcoin celebrates its 10th anniversary in January of 2019, and it’s worthwhile to take stock of the world of cryptocurrency today. Few would have predicted a decade ago that Bitcoin would be a mainstream topic of conversation, or that cryptocurrencies would be worth more than 100 billion USD cumulatively. By any reckoning, cryptocurrencies have come a long, long way in their profile and general awareness.

Yet not all is rosy when it comes to the fortunes of cryptocurrency. In essence, cryptocurrencies today are complex, mathematical value reserves written as data. …

Many are familiar with the idea of blockchain technology. It came into prominence first as crypto Bitcoins starting in 2009 and then was popularized by many other cryptocurrencies thereafter. Blockchains are a form of distributed ledger technology.

Distributed Ledger Technology

Distributed ledger technology (DLT) is a general term, which describes software and online technology that distributes information as a record of ledger transactions to all that use it. The dissemination of the ledger information happens automatically on a peer-to-peer (P2P) network basis. DLT information may be shared either publicly or on a private basis among authorized users.

What are the differences between using…

It’s easy to look at a figure like Steve Jobs or Bill Gates and marvel at the achievements they’ve accomplished. It almost seems superhuman, both in terms of the lives they’ve impacted, the wealth they’ve amassed and the power over our world they’ve leveraged. These individual people wield influence on a level approaching that of global organizations like Unicef and the UN.

A natural question then becomes: What separates a Steve Jobs from the hundreds of others who tried to do what he did? What separates Google from other web-based companies of that era of the early 2000s?

A careful…

Markus Andersson

Chairman of Polimex and founder of Andersson Family Foundation. Significant interest in new technology and its influence in today’s global business and economy.

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