In a time when many people doubt the accuracy or credibility of many fundamental facts – especially online – there are fast-emerging digital technologies that can enhance trust. Technologies known as blockchainpermanently, verifiably, and transparently store and share every economic transaction, legal contract, and virtually any other type of record that must be accessed by businesses and the public.
Blockchain embed in digital code and permanently store in transparent, shared databases all manner of transactions and records, protected from tampering and deletion. Every payment and every work project, anything that requires documentation, is trackable by any computer connected to the blockchain network.Blockchain technology is today most closely associated with digital currency transactions, and yet there are a host of potential applications beyond cryptocurrencies.
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