Business Insider spoke to economist Garrick Hileman, from the University of Cambridge, about central banks experimenting with blockchain technology. Hileman said an increasing number of central banks are looking to the system due to its resilience and transparency. He adds that although blockchain could become important as banks move away from physical currency, there are privacy issues with the technology. From Business Insider UK.
Blockchain, the key technology behind Bitcoin, is a new network that helps decentralize trade, and allows for more peer-to-peer transactions. WIRED challenged political scientist and blockchain researcher Bettina Warburg to explain blockchain technology to 5 different people; a child, a teen, a college student, a grad student, and an expert. From WIRED.
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