Circling back to blockchain’s originally intended purpose: Timestamping By Cointelegraph

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Circling back to blockchain’s originally intended purpose: Timestamping

What was blockchain technology originally intended for? It’s generally presumed that it was created in 2008 by Satoshi Nakamoto as part of his white paper, creating (BTC). Since Bitcoin would be built on decentralized ledger technology, a blockchain needed to be established as the foundation for the cryptocurrency.

Since 2008, blockchain technology has expanded well beyond cryptocurrency usage and is now being applied in a variety of use cases from healthcare to finance to green tech and more.

Sebastiaan van der Lans is the chairman of The Trusted Web Foundation as well as founder and CEO of WordProof. He’s the winner of the European Commission’s Blockchains for Social Good Contest. He’s on a mission to bring trust back to the internet.