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Why blockchain has the potential to become an integral part of many businesses

Overview

Blockchain and distributed ledger technology offers significant and scalable processing power, high accuracy rates, and apparently unbreakable security at a significantly reduced cost compared to the traditional systems the technology could replace, such as settlement, trading or accounting systems.


The most visible current use of blockchain technology is to run the Bitcoin cryptocurrency, but blockchain technology has many other potential uses.


Blockchain does have the potential to become an integral part of the operation of many businesses - this article explains how.

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