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Blockchains gained attention after the launch of the first cryptocurrency, Bitcoin, whose sole purpose was to eliminate the modern incumbent financial intermediaries and facilitate peer-to-peer transactions without the involvement/need of financial institutions.
When getting in started in blockchain, there are so many terms to keep track of. You’ll need to be aware of terms such as divergence, circulating supply, tokens vs. blocks, nodes, and many others. But one term that is arguably the most important term to know and understand is forking.
At the very heart of blockchain technology is a belief that people should control their own assets. Whether it is their money, their entertainment, or even their personal medical data, people should get full control of their data.
Much discussed, yet often misunderstood, it’s clear that AI is set to dominate the global Insurance sector for the foreseeable future – and Canada is no different.
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In 2008, the Bitcoin Whitepaper took the internet by storm. More than an alternative currency, Satoshi Nakamoto introduced to the world the blockchain technology that is here to revolutionize both the relationship that people have with the virtual and the “physical” world.
Blockchain technology is becoming more and more prominent in the world as technology becomes more accessible to people everywhere. For those of you who are looking for a long term investment the crypto space may be something you want to look into.