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Block Chain
BLOCKCHAIN Technology Removes The need For A Centralised Authority To Verify Trust. It Creates A Public Ledger Of All Transactions Which Are Then Traceable, Transparent And Leave No Responsibility, Which In Turn Allows For Stronger Security, Decreased Risk And Increased Efficiencies.
The Technology Was Initially Developed To Provide An Alternative Approach To Payments By Using Cryptographic Methods To Provide A Trust mechanism Between Two Transacting Parties Without The Need For A Trusted Third Party. Now However, The High Number Of Use Cases For The Technology Is Beginning To Be Realised And Understanding This Disruptive Technology Is Becoming Essential.
The World’s Largest Financial Institutions Have Publicly Declared Their Interest In This Technology And Begun Openly Experimenting With It. Large Technology And Consulting Firms Such As IBM Have Entire business Units Now Dedicated To Blockchain.
Outside Of The Commercial Use Cases, Blockchain Technology Also Represent An Opportunity To Address Humanitarian And Philanthropic Challenges Such As Identity And Financial Inclusion, Which Are All Becoming Increasingly More Important To Address.
We Believe That Blockchain Technology Represents The Second Generation Of The Internet.