29 Jul '15, 11am

Microsoft, MIT, and the Bitcoin Block Chain For Social Good (VIDEO)

Microsoft, MIT, and the Bitcoin Block Chain For Social Good (VIDEO)

It turned out that most of the audience from MIT's recent meet up on Bitcoin (see video below) did not yet know what the block chain was. A representative from MIT explained the various ways that the block chain can be used outside of currency applications. Immutable time stamping, and distributed record-keeping can be useful in some applications outside of currency. There is a lot to be said for a global hashing power that guarantees the authenticity of files, and transactions, such as the Bitcoin mining network.

Full article: https://www.cryptocoinsnews.com/microsoft-mit-bitcoin-blo...

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