02 Feb #WOTW – Word of the Week – Blockchain
#WOTW: Blockchain – a new concept in tech-based information transfer. Instead of a centralised, trusted data controller defining the single source of truth, the complete ledger of transactions or interactions is distributed amongst a full community of (usually anonymous) users. In a series of auditable “blocks”. With potential for significant disruption particularly in financial industries. Most commonly associated with Bitcoin. And coined (ha ha!) as the word for Distributed Ledger Technology.
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