Transcription of BlockChain Technology - UC Berkeley Sutardja Center
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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. Itopensthedoorfor tremendous opportunities in this disruptive Technology and revolution in this space has just begun. Thiswhitepaperdescribesblockchaintechnol ogyandsomecompellingspecificapplications inboth financialandnon in this fundamental Technology that is all set to revolutionize our digital world.
or asset via blockchain using Smart Contracts. The property can be physical such as car, house, smartphone etc. or it can be non-physical such as shares of a company. It should be noted here that even Bitcoin is not really a currency--Bitcoin is all about controlling the ownership of money.
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