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wonko86 (OP)
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December 22, 2015, 07:30:13 PM
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Russian Minister interested in security applications of blockchain

Blockchain technology may be used to defend interests of the state. So says Russian Minister of Communications Nikolai Nikiforov.

Speaking to the reporters of the TASS State News Agency, Nikiforov suggested some not bitcoin-related applications for open ledger platforms.

http://www.coinfox.info/news/4143-russian-minister-interested-in-security-applications-of-blockchain
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"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
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December 22, 2015, 08:15:19 PM
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The Russian will imprison people using bitcoin, but it will use the bitcoin technology to protect itself. Ironic.
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