Bitcoin technology Blockchain to impact on Irish business, says report

Blockchain, along with virtual and augmented reality, are among the technologies set to impact businesses and deliver value to customers, according to a report.

Trends likely to have significant impact on business in the coming years as their use grows are identified in Deloitte’s ‘Innovating in the Digital Era’ report.

Blockchain — the technology that underpins virtual currency Bitcoin and which is increasingly being used as a distributed ledger system among financial services firms — is tipped to make a major impact.