Why Blockchain Fails (and When It Will Succeed)

Why Blockchain Fails (and When It Will Succeed)
AP Photo/Jeff Chiu, File

Remember how blockchain technology was going to transform everything from legal contracts to land registries? Well, it hasn't worked out that way and, in some cases, blockchain has been a bust.

The state of Vermont, for instance, embarked on a much-hyped experiment to use blockchain, which is a type of tamper-proof software for recording transaction, to keep track of land titles.

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