Here’s Europe’s Answer to the Mess That Brexit Left

Don Tapscott and his son Alex Tapscott are authors of the book, Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business and the World.

While the UK and the world grapple with the implications of last week’s vote, a technological revolution is quietly unfolding that offers a glimmer of hope, not just to Britain, but also to Europe as a whole.

We’re not talking about the social web, cloud computing, or artificial intelligence. We’re talking about the blockchain, the technology underlying cryptocurrencies like bitcoin. This technology represents nothing less than the second era of the Internet and it holds far-reaching opportunities for Europe. If wielded correctly, it could provide the foundation for a more prosperous Europe. It is also the UK’s best hope at fulfilling the “Leavers” lofty promises of a more global and dynamic Britain.

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Photo: Mundil Stanislav — AP