Blockchain is one of the most talked about technologies of 2017. Recently, an Initial Coin Offering (ICO) has grabbed headlines by allowing blockchain-related technology companies to raise funding in the form of crypto currencies such as Bitcoin. This year alone, several startups have raised millions of dollars within weeks using an ICO. ICOs are now also giving non-startups another gateway to raise funds. Late last year, Overstock became the first publicly traded company that started trading its shares using Bitcoin.
To continue the path of innovation and blockchain, Delaware became the first state in the United States to allow corporations to adopt blockchain for its corporate record keeping. Currently, corporate filing and record-keeping systems are inefficient and obsolete. The use of blockchain will give a boost to the state as well as businesses to store and manage corporate records in digital forms.
If you’re not familiar with blockchain, the following video is a basic introduction to blockchain technology.
References:
http://fortune.com/2017/08/01/blockchain-shareholders-law/