Scalable Blockchains Powering Digital Economies

The blockchain technology has been the foundation for decentralized assets like cryptocurrencies since its inception. However, it lacks scalability, making it challenging to handle high-volume transactions globally.

A blockchain that can scale to global proportions can serve as a infrastructure for businesses to build upon. Two key capabilities are required: economic and trust.

The economic capability is the ability to move small amounts of money without fees eating into the payment, while the trust capability is about proving data existed at a certain time and has not been altered since.