Everyone is talking about this great technology and every industry is trying to adopt in the business model.
Without going deep into technicality and in nutshell, the digital proof of the transaction is established and guaranteed in this distributed ledger. However, an important element need to think about: how can the digital transaction in the cyber world be enforced for fulfillment in the physical world without any regulation?
Think twice: if you have paid ransom via such digital transaction intended to unlock files encrypted by ransomware, how do you ensure that “service” is delivered?
Therefore, internal use or limited adoption within closed community enforced with contractual terms are likely the use case in near term.