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Blockchain technology was first created to record the transactions of cryptocurrency Bitcoin. Such is the efficiency and security of the Bitcoin blockchain, however, that blockchain technology is now being applied far beyond crypto exchange. Here, we take a closer look at blockchain innovation and the UK blockchain companies that look poised to grow this year.
Blockchain is a digital ledger which enables transactions to be validated and recorded securely, without the need for a central authority or intermediary. It is the technology behind cryptocurrencies such as Bitcoin, Ethereum and Tether.
By helping promote sustainable development and environmentally-sound lifestyles, Benfield Group aims to create a sustainable future – together, with our customers and partners.
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