Those of us who have watched Bitcoin’s rise and fall, and who have been quick to dismiss Bitcoin as an early failed attempt at disrupting the financial sector, may be in for a surprise: The same underlying software that makes Bitcoin possible—the “blockchain”—has begun to be seriously considered as a new method for ensuring trustworthy recordkeeping over future decades:
May 15, 2015: The government of Honduras agreed to use a Texas-based company called Factom to explore the use of blockchain technology to address recordkeeping issues arising in the Honduran land registration system.
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