Sorting through the fact or fiction behind cryptocurrencies and its blockchain distributed ledger technology can be like running into a corn maze with no exit. Actual new crypto payment method working applications “are nascent, at best,” Bernstein’s Lisa Ellis writes, while engineering and regulatory challenges leave question marks, some of which could take years to resolve. But having a roadmap to recognize where change is likely to occur -- and what organizations are at risk of disruption -- is the baseline to which both investors and corporate executives might best monitor. It is in understanding the long-term vision that the players at risk and those who might benefit most come into focus.
There is a “dream” for cryptocurrencies --...

