Timeline of blockchain technology and insurance
Here is a timeline of key events and developments in the history of blockchain technology: Blockchain 1991: Stuart Haber and W. Scott Stornetta introduce the concept of a cryptographically secured chain of blocks that can be used to store and verify data. 2008: An individual or group using the pseudonym "Satoshi Nakamoto" publishes a whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," which outlines the design of a decentralized digital currency that operates on a blockchain. 2009: The first block in the Bitcoin blockchain , known as the genesis block, is mined by Nakamoto. 2011: Litecoin, the first cryptocurrency to use a different hashing algorithm than Bitcoin, is launched. 2013: Ethereum, a blockchain platform that supports smart contracts and decentralized applications (dapps), is proposed by Vitalik Buterin. 2015: The first version of the Ethereum blockchain, called Frontier, is launched. ...