14 Apr '15, 11pm
BitBeat: Blockchains Without Coins Stir Tensions in Bitcoin Community
We hear variants of that refrain a lot lately, as Wall Street firms, mainstream tech companies and even a few governments awaken to the potential non-currency uses of bitcoin’s underlying “blockchain” ledger technology. These institutions are wary of a digital currency that’s associated with criminality, wild price fluctuations and security concerns. But they like the idea that bitcoin’s public blockchain, a public ledger that authenticated and updated by a network of independent computers, can more efficiently manage corporate databases, streamline payments systems, automate legal contracts and improve work processes.