Showing posts tagged with: blockchain
Blockchain may soon drive business worldwide
Business Ownership


“Blockchain” may sound like something that goes on a vehicle’s tires in icy weather or that perhaps is part of that vehicle’s engine. Indeed it is a type of technology that may help drive business worldwide at some point soon — but digitally, not physically. No matter what your industry, now’s a good time to start learning about blockchain.

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Internet Currency 101: Bitcoin – What It Is (and How It’s Taxed)

physical bitcoins on 2 five dollar bills“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”

Those were the words of an unknown person who, under the alias of Satoshi Nakamoto, in 2009 published a report called “Bitcoin: A Peer-to-Peer Electronic Cash System” [PDF]. The premise was simple: Nakamoto, fed up with banks, wanted to create a currency that involved no third-parties and which could be spent and transferred anonymously.

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