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Blockchain is an emerging technology that has the potential to disrupt many industries and businesses. It provides transaction consensus, provenance, immutability, and finality in a so-called decentralized economy and society. It disrupts the traditional concepts of trust, ownership, and trade and, consequently, internet and business transactions. Like cloud computing, blockchain can be public, private, or permissioned—a type of private blockchain where anonymous or named authorized participants verify transactions. This report focuses on permissioned distributed ledger technologies. |
