Chapter 7 Blockchain Opportunities and Vulnerabilities
Public ledger technology has been a part of the history of technological evolution. Blockchain technology is a public ledger of distributed records that facilitates transactions. Early adopters of blockchain technology have experienced breakthroughs in many daily activities and business processes. Blockchain technology can be used for a variety of applications beyond just financial transactions, such as supply chain management, identity verification, or voting systems, among others. Some advantages of blockchain technology include constructing a shared repository of data that is maintained by peers (no third-party intermediary), embracing trust among users through digital signatures and ...
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