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Social credit: the dark side of blockchain

As much as I believe that blockchain technology has the potential to solve many of the problems humanity faces today, I also fear what can happen if blockchain technology is used to take away the privacy and rights of individuals, wrote technology executive and former hacker Trent Lapinski in an

Blockchain: Puzzle Solved

Ali Kamran Al Zahid Blockchain’ is a computer application based on Distributed Ledger Technology (DLT) and got the attention for being behind the cryptocurrency ‘Bitcoin’. DLT is a recent innovation and possess characteristics to be able to emerge as a better alternative to the existing centralized record keeping technique. Distributed

BITCOIN REACHES RECORD HIGH

  Digital currency bitcoin hit a record high on May 9 as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology, reported news agency Reuters. Blockchain, the underlying technology behind bitcoin, is a financial ledger maintained by a network of computers that can track

Paper,Plastic,Mobile or Neither?

On a sunny Monday morning in 1945, Jhon Biggins, a mild mannered Brooklyn banker, proposed Flatbush National Bank of Brooklyn to give customers the provision to use a plastic card instead of paper cash. He named it 'Charge it'. The card would allow a customer to purchase locally without cash

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