Hello:
For the past year, we are working on bitcoin 2.0 applications for corporate payment & processing solutions.
Abstract Bitcoin Network’s relies on Blockchain, a digital public ledger system that records all transactions once they have been deciphered from the SHA-256 algorithm and validated. Blockchain technology is appealing from a security and privacy standpoint because it relies on information stored across a decentralized network of computers which guard against transaction fraud. Once a transaction is entered into the Blockchain ledger, it cannot be deleted or changed.
A Blockchain ledger could likewise be used to create digital contracts with embedded intelligence that perform transactions based on how they are programmed. With this agreements, bills and debit and credit can be fixed and secured on the Blockchain to be analysed.
Bitcoin and blockchain technology can create versatile and simplified payments that merchants and individuals can can use to clarify payments and transactions as well as send instantly to purchase products around the world.
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