Blockchain

Distributed database technology that securely maintains a growing ledger of transactions, potentially useful for its inherent security, data integrity, and decentralized nature.

Lux logo LUX TAKE:

Blockchain has great potential to transform a variety of industries, but right now it is highly experimental, without obvious ROI in most cases today. In fact, the majority of the use cases being tackled today are likely to fail in the coming years. Clients looking to adopt blockchain should tread cautiously.

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