Title: [2016-05-16]THE PENTAGON WANTS TO GET ITS HANDS ON THE TECHNOLOGY BEHIND BITCOIN Post by: BTCBinary on May 16, 2016, 09:56:56 PM THE PENTAGON WANTS TO GET ITS HANDS ON THE TECHNOLOGY BEHIND BITCOIN
Blockchain technology, the backbone of bitcoin, has a lot of applications. Finance firms want to use to cut down on administrative costs and trade faster. Estonia is using to securely track health records. Now it’s the military’s turn... http://www.nextgov.com/defense/2016/05/pentagon-wants-get-its-hands-technology-behind-bitcoin/128336/ Title: Re: [2016-05-16]THE PENTAGON WANTS TO GET ITS HANDS ON THE TECHNOLOGY BEHIND BITCOIN Post by: richardsNY on May 16, 2016, 10:37:58 PM It's great that they are more than interested in using the block chain technology, but it will always be from within the organization itself. But then again, I can't really expect governments to use a block chain where their citizens can get the most benefits from. It means they will lose control over their system which translates into them making less money from their people.
Title: Re: [2016-05-16]THE PENTAGON WANTS TO GET ITS HANDS ON THE TECHNOLOGY BEHIND BITCOIN Post by: BellaBitBit on May 17, 2016, 12:12:09 AM Of course they do, if they do not they will be left behind. Still don't understand how banks and governments are so fired up about the blockchain yet shame bitcoin ...it is where it comes from.
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