Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
Related Posts (Tag: blockchain technologies)
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Cryptocurrency exchange Coinbase has sold its blockchain-based data analytics software to the United States Secret Service. The analytics software was made available to the secret service in a contract worth $183,750 and billed to span through May 9, 2024.
Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees
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Bank of Lithuania Launches First Blockchain-Based Digital Collector's Coin As Test for CBDC
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Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume
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‘Rich Dad, Poor Dad’ Author Kiyosaki Praises Bitcoin, and Says “Bitcoin is In, Real Estate & Gold are Out”
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LabCFTC to Announce the Winner of Project Streetlamp at Fintech-Focused Virtual Events Series Later This Year
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Shanghai High Court Pilots Blockchain Technology to Record Hearings for Court Reform
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Cardano Flags Suspicious Investment Claims of Individuals Posing as BTCNEXT Employees
The Cardano Foundation recently announced on their forum that they have received reports of suspicious claims from a group of individuals operating under the company BTCNEXT, a cryptocurrency exchange located in the Caribbean.
Australia's National Blockchain Steering Committee Mobilizes Domestic Developer Community
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