Blockchain and cryptocurrency: Everything you need to know – CNET
Blockchain explained: It builds trust when you need it most Here’s everything you need to know about the technology powering the bitcoin cryptocurrency today and, soon, a myriad of services that will change your life.
That decentralization and synchronization means no single party controls the data. If one business sells an asset to another, each sees the same data. There’s no need for lawyers at one company to call the other if their accounting databases disagree, because there’s only one accounting database.