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Topic: [2016-09-13] Blockchain: A Radical New Way To Transact Business (Read 194 times)

legendary
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If you’re baffled by how bitcoin actually works, you’re not alone[ Grin Grin Grin, my note]. Yet the technology behind the virtual currency could soon allow companies to execute financial transactions in a totally new — and secure — way.

It’s called blockchain, a geeky term [ Grin Grin Grin Grin Grin] for what is basically a digital bank vault or ledger that any participant can access but can’t change or tamper with.

read more (if you don't have better things to do!) here->
http://www.forbes.com/sites/kpmg/2016/09/13/blockchain-a-radical-new-way-to-transact-business/#3b3347821bea
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