“What happens on the Blockchain is forever recorded on the Blockchain. Even now, you can observe every trade since its inception in January 2009.  What is this technology good for? It’s not just about money. It permits the packaging, titling, and commodification of any bundle of information data. This bundle can be ported from place to place and virtually zero cost. This happens without using a third party. Transactions take place person to person, exchanged just like goods and services.  In other words, the Blockchain allows information to behave exactly like physical property, but with one difference: you don’t have to be physically present to exchange it.”

http://fee.org/anythingpeaceful/detail/wall-street-discovers-the-blockchain

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