Tag: government

Governments And Blockchain Technology

The first block of Bitcoin which was mined in early 2009 paved the way for the launch of the world’s first cryptocurrency. Since then, Bitcoin’s market cap has risen to over $137 billion and along the way managed to spur the growth of numerous other digital currencies. While Bitcoin and all the other altcoins have gained tremendous value as currencies,…

Read more

How Blockchain Technology Can Help The Government

Blockchain technology is probably one of the finest technologies to come out of the 21st century. Described by Satoshi Nakamoto in 2008, blockchain technology is simply a decentralized public ledger that runs on a P2P network. The ledger is updated regularly and can be used to record any kind of transactions. It came into prominence when it powered Bitcoin, the…