BlockChain Technology - UC Berkeley Sutardja Center

BlockChain Technology Beyond Bitcoin Abstract Ablockchainisessentiallyadistributeddata baseofrecordsorpublicledgerofalltransact ionsor ,once entered, ,thedecentralizedpeer to peerdigitalcurrency,isthe controversialbuttheunderlyingblockchaint echnologyhasworkedflawlesslyandfoundwide rangeof applications in both financial and non financial world. Themainhypothesisisthattheblockchainesta blishesasystemofcreatinga distributed consensus digitaleventhappenedbycreatinganirrefuta blerecordinapublicledger.

Blockchain technology is finding applications in wide range of areas—both financial and non-financial . Financial institutions and banks no longer see blockchain technology as threat to traditional business models. The world’s biggest banks are in fact looking for opportunities in this area by doing research

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  Technology, Blockchain technology, Blockchain

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