Notre Dame professors believe that blockchain will shape the future, but point out that the applications built on it will determine its success.
They are not as confident in cryptocurrencies, saying that while the potential exists, regulators are likely to clamp down on the industry.
As CNF reported recently, university students are investing in, mining and betting on cryptocurrencies in their numbers, be it due to FOMO or whether they are seeking to become the next overnight millionaires. But what do university professors think about cryptocurrencies and blockchain?
The University of Notre Dame’s Jason You believes that blockchain’s biggest advantage lies in its immutability. This means that once data is recorded on the blockchain, be it the transfer of value from one address to another or any other form of data, it can’t be altered. As such, users of public blockchains can be confident in the data that they access.
Jason told The Observer:
“Blockchain is actually a general
