FL1 2.13% 24.0¢ first lithium limited

Block chain

  1. 1,669 Posts.
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    Morning ladies and gents.

    After reviewing some company announcements I noticed something that could be of interest. In the 4C for the sept quarter of last year, their wording of the opportunities being reviewed were as below.

    20170121_113221.png
    This wording soon changed in an allocation announcement and the most recent 4C to below.
    20170121_113304.png 20170121_113330.png
    This change of wording coincides with @Red bar opinion that perhaps the company changed direction with its reviewing process towards the end of last year.

    What caught my eye is block chain. Now i don't claim to know block chain inside and out. Far from it. It's highly complex, but at the same time appears as though it may usher in a new era of economics. Think bitcoin as the best, most well known example at present, a decentralised digital currency.  

    Id encourage anyone who isn't familiar with block chain to watch this 15 minute ted talks link below.



    After watching this, I think Bettina Warburg does a brilliant job of explaining block chain in its simplest form, and the endless possibilities and uses for blockchain. After some further reading, i think blockchain technology has the ability to be a serious game changer, and I personally would be pumped to see OOK/Akela to head down this path.

    If they were i think we can rest assured that whatever we did acquire would be at the forefront of this sector with some truly mind blowing tech to be developed. Really looking forward to the next couple of months.

    Zak Ismail also posted this Gartner hype cycle to twitter some months ago.

    Screenshot_20170121-115510.png

    Thanks @prunes101 you were the reason i started reading further yestetday after your post.

    All JMO

    Cheers
    BCS
 
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