Jan 2, 2020

Blockchain: Decentralized Ledgers Enabling Peer to Peer Payments without a Trusted Intermediary

Blockchain Technology

With the introduction and increasing popularity of digital cryptocurrencies (whether Bitcoin or other cryptocurrencies), we are seeing a rapid increase in the utilization of a non-centralized record-keeping protocol, known as blockchain. Blockchain technology offers a way for parties who do not know or trust each other to reach consensus on a common digital history. A common digital history is important because digital assets and transactions can easily be faked and/or duplicated. Blockchain technology provides a solution without using a trusted intermediary by operating an electronic decentralized, sometimes referred to as a distributed, public ledger to record transactions and assets in… Read more