From Bitcoin to Blockchain

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Bitcoin, the most popular crypto currency, was all the rage in the past few years before the value of the coin plummeted in 2014. Bitcoins’ imag.....

Summary

Bitcoin, the most popular crypto currency, was all the rage in the past few years before the value of the coin plummeted in 2014. Bitcoins’ image suffered as a series of hacks and exploits resulted in huge financial loss for those invested in Bitcoins. From the low of Jan 2015 bitcoins have managed to scale-back reaching $702 by November 2016.
 
Banks and financial companies are exploring Blockchain to solve their day-to-day problems. Many technology pundits and bankers had envisioned that even while bitcoin could possibly be restricted to few thousands on the internet, the underlying technology – “The Blockchain” holds huge potential in real world situations. Central bankers are also wary of the decentralization that the blockchain promises but they are also increasingly become receptive to the idea of incorporating blockchain in their systems.

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From Bitcoin to Blockchain

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