Blockchain is composed of a set of applications, with special emphasis on the cryptocurrency, and in particular the BitCoin, the most recognized digital currency in the world. The success of Bitcoin is explained by the use of a decentralised system based on tests that are registered by all users, maintaining their anonymity (Wright & De Filippi ...
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Preview and Download !Blockchain can be described as “the trust machine,” indicating that it takes care of trust issues between individuals (Url-3, 2019). It is an open source ledger that is visible to users across the network brings a level of security that is unmatched. Blockchain puts the trust in its users and their ability to maintain the ledger. In other
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Preview and Download !Keywords Blockchain Block chain Business models Disintegration Digital currency 1 Blockchain – A Disruptive Technology Blockchain technology and distributed ledgers are attract-ing massive attention and trigger multiple projects in dif-ferent industries. However, the financial industry is seen as a primary user of the blockchain concept.
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Preview and Download !blockchain. The framework underpins many of our full life-cycle blockchain-related services, including our blockchain technology risk assessment solution discussed in this paper. It can also be used to assist Information Risk Management departments in developing a bespoke blockchain risk and control framework for their organization.
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Preview and Download !The blockchain is a Distributed Ledger Technology [9], i.e. a system that allows to store ex-changes and information in a secure and permanent way. Given the structure and protocol, blockchain removes the need to have intermediaries, who were previously required to act as trusted third parties to verify, register and coordinate data.
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