Blockchain is part of the Internet-of-Things, the Fifth Wave of the Internet. In 1961, Leonard Kleinrock, a professor of computer science at UCLA, wrote about ARPANET and developed the first theory of packet switching. The first node of the Internet was born September 1969. The days of 1969 seem like eons ago. Tearing a page from the history the Internet may help us forecast tomorrow’s blockchain trends. A foundational blockchain fabric must be established before blockchain will be mainstream and accessible to the company down the street.
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