Blockchain: Quantum leap forward or digital snake oil

Blockchain, the technology on which Bitcoin is based, has gone mainstream. Until recently a subject confined to tech blogs and Reddit pages, it is earning huge amounts of column inches and airtime. Stories abound of Bitcoin millionaires and multimillion-dollar ICOs (Initial Coin Offerings). New cryptocurrencies are launched every week. People who don’t entirely understand what they’re buying are rushing to purchase Bitcoin for fear of missing out. And then there are the Bitcoin Cassandras, who say they’ve s