Advertisement Bitcoin had a successful 2017, with the value of the cryptocurrency rising nearly 2,000 percent in a single year. Its meteoric rise brought cryptocurrencies into the mainstream, with competitors like Ethereum and Litecoin also seeing large gains. While this has been an interesting financial development, it has turned Bitcoin from a digital currency into a financial asset to be bought and sold. This has largely eclipsed what made Bitcoin so revolutionary: blockchain technology.First laid out in Satoshi Nakamoto’s white paper, the blockchain is a decentralised, distributed ledger. The cryptographically sealed data How Does Encryption Work, and Is It Really Safe? How Does Encryption Work, and Is It Really Safe? Read More is distributed across the network, preventing it from interference. Many businesses have been quick to jump onto the popular buzzword, suggesting that anything from mortgages to an individual’s creative output could be blockchain-based. However, one industry, in desperate need of change, that could benefit from the use of the blockchain, is the media.The State of the MediaIt’s no secret that journalism has struggled with the advent of the internet. In days gone by, you’d purchase a newspaper and your money would fund the high quality journalism. At some… Read full this story
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