Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
September 1, 2015 04:00 am

Beyond Bitcoin: How Business Can Capitalize On Blockchains

snydeq writes: Bitcoin's widely trusted ledger offers intriguing possibilities for business use beyond cryptocurrency, writes InfoWorld's Peter Wayner. "From the beginning, bitcoin has assumed a shadowy, almost outlaw mystique," Wayner writes. "Even the mathematics of the technology are inscrutable enough to believe the worst. The irony is that the mathematical foundations of bitcoin create a solid record of legitimate ownership that may be more ironclad against fraud than many of the systems employed by businesses today. Plus, the open, collaborative way in which bitcoin processes transactions ensures the kind of network of trust that is essential to any business agreement."

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/veZN8S9Nhic/beyond-bitcoin-how-business-can-capitalize-on-blockchains

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot