Q&A: What is blockchain?

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Blockchain overview

At a very high level, the blockchain is a decentralized ledger, or list, of all transactions across a peer-to-peer network. This is the technology underlying Bitcoin and other cryptocurrencies, and it has the potential to disrupt a wide variety of business processes. How can blockchain improve the business processes that occur between companies, radically lowering the “cost of trust?”

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Haskell Garfinkel
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