The value of Blockchain Technology
The decentralized dynamics of blockchain technology provides for better reliability and trust than traditional systems. In 1991, W. Scott Stornetta and Stuart Estar presente outlined this technology, and sought to implement a system where report time stamps could hardly be revised. Today, Bitcoin is the most prominent real-world example of blockchain technology. It uses the blockchain as a means to record obligations, but it can also be used for any info point. For this reason, blockchain technology has become a valuable resource for a large number of industries.
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