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Blockchain Technology

What is blockchain?

"Blockchain is a single version of the truth, made possible by an immutable and secure time-stamped ledger, copies of which are held by multiple parties" (Wilson, 2017). It shifts trust from an entity to software.

Currently used by IBM, Microsoft, Walmart, JPMorgan, Chase, Nasdaq, Foxconn, Maersk, and Visa.

UPSHOT: Only one version of a certificate can exist.

VIDEO REFERENCES

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Institute for the Future (IFTF) (2016.) Accessed 01-24-2018

https://www.youtube.com/watch?v=r43LhSUUGTQ

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Wilson, S. (2017). Blockchain explained in plain English. Accessed: 02-01-2018 http://www.zdnet.com/article/blockchain-explained-in-plain-english/

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