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  2. Blockchain - Wikipedia

    en.wikipedia.org/wiki/Blockchain

    Furthermore, According to PricewaterhouseCoopers (PwC), the second-largest professional services network in the world, blockchain technology has the potential to generate an annual business value of more than $3 trillion by 2030. PwC's estimate is further augmented by a 2018 study that they have conducted, in which PwC surveyed 600 business ...

  3. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    A blockchain is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". [63] For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given ...

  4. Bitcoin protocol - Wikipedia

    en.wikipedia.org/wiki/Bitcoin_protocol

    A diagram of a bitcoin transfer. The bitcoin protocol is the set of rules that govern the functioning of bitcoin.Its key components and principles are: a peer-to-peer decentralized network with no central oversight; the blockchain technology, a public ledger that records all bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and ...

  5. Satoshi Nakamoto - Wikipedia

    en.wikipedia.org/wiki/Satoshi_Nakamoto

    Satoshi Nakamoto message embedded in the coinbase of the first block. Nakamoto said that the work of writing bitcoin's code began in the second quarter of 2007. [9] On 18 August 2008, he or a colleague registered the domain name bitcoin.org, [10] and created a web site at that address.

  6. Emerging technologies - Wikipedia

    en.wikipedia.org/wiki/Emerging_technologies

    Distributed ledger or blockchain technology provides a transparent and immutable list of transactions. A wide range of uses has been proposed for where an open, decentralised database is required, ranging from supply chains to cryptocurrencies. Smart contracts are self-executing transactions which occur when pre-defined conditions are met. The ...

  7. Distributed ledger - Wikipedia

    en.wikipedia.org/wiki/Distributed_ledger

    The most common form of distributed ledger technology is the blockchain [citation needed] (commonly associated with the bitcoin cryptocurrency), which can either be on a public or private network. Infrastructure for data management is a common barrier to implementing DLT.

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  9. Privacy and blockchain - Wikipedia

    en.wikipedia.org/wiki/Privacy_and_blockchain

    This technology rose to popularity after the creation of Bitcoin, the first application of blockchain technology, which has since catalyzed other cryptocurrencies and applications. [3] Due to its nature of decentralization, transactions and data are not verified and owned by one single entity as they are in centralized data base systems.

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