As
Gartner reported on the 23rd June, the blockchain space has never seen a firm with the finances and userbase of Facebook adopt the technology.
Libra, the social media giant’s blockchain initiative, aims to be a global cryptocurrency. With Facebook and the other high profile companies signed up, it will be made available to nearly two billion users upon launch. This massive release, as Gartner predicted last year, will bring with it crypto-politics and hybrid centralized and decentralized systems.
The leading enterprise advisory firm
published a report in September of last year on how the ‘World Wide Ledger’ (WWL) will emerge from the development of distributed ledger technologies. Gartner compared this emergence, as the rate of blockchain innovation is so high, with the beginnings of the World Wide Web (WWW).
As the WWW enables businesses to operate online, the report predicts that the WWL will be the foundation of decentralized businesses. In the same way that companies created websites and online stores as the internet saw wider adoption, they will create decentralized business units.
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