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How Blockchain Apps Make Investments More Accessible in Third World Countries
(By guest writer Michael Kordvani) Most people have heard of “bitcoin” currency by now. It’s a digital currency that can legitimately be used to make online purchases or to transfer money. The entire system is built on a type of underlying technology, the blockchain. Basically, that’s an online database. It is private, secure and believed to be hack-proof. Blockchain offers more than simply transferring money. It can also store information permanently and securely. IT personnel and economists who work in the developing world are afforded a whole new opportunity because of blockchain. For example, it is now possible for a poor farmer in an underdeveloped nation to store documents on the web, so he can prove he owns the farmland.
Blockchain...
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How Blockchain Apps Make Investments More Accessible in Third World Countries
(By guest writer Michael Kordvani) Most people have heard of “bitcoin” currency by now. It’s a digital currency that can legitimately be used to make online purchases or to transfer money. The entire system is built on a type of underlying technology, the blockchain. Basically, that’s an online database. It is private, secure and believed to be hack-proof. Blockchain offers more than simply transferring money. It can also store information permanently and securely. IT personnel and economists who work in the developing world are afforded a whole new opportunity because of blockchain. For example, it is now possible for a poor farmer in an underdeveloped nation to store documents on the web, so he can prove he owns the farmland.
Blockchain...
Click here to continue on to the original article. (You can comment if logged into a transients.info Roundtable Forum account.)