Pandora wrote: nu2me wrote: For turning this BB into a useless pile of sh!t with your petty bickering like a bunch of immature school kids. WELL DONE
I originally got rid of Noel with the ignore button but then found 'dumb...' was regurgitating all of his stuff so I got rid of him and now today I may as well do the same for pitviper and lovechicken because that is all they can post is noel, noel, noel.
On a separate note here is an excerpt from a marketbeat.com article on blockchain but at a larger scale i.e. $30 vs 30 cents when you're talking magnitude:
Blockchain Technology
Despite all the recent hype, you may be wondering ‘what the heck is blockchain (also known as distributed ledger technology)?’
Briefly, blockchain will enable companies doing business with each other to record transactions securely. Blockchain’s main strength lies in its trustworthiness. In other words, it’s tough to change what has already been recorded.
The main advantage of blockchain over existing processes is its ability to speed up and simplify complex transactions by making changes and updates immediately visible to all parties. A single blockchain-based system is also cheaper to maintain than the myriad of systems that, for example, banks use for transactions now.
The blockchain can also hold many more documents and data than traditional database storage, and it can hold embedded contracts, such as a car lease, whose virtual key could be transferred to a bank in the event of a default.
For a hint about what companies you should be looking at to invest into, a good place to start is to see which firms have either applied for, or have already received patents on blockchain technology. Not surprisingly (since blockchain can make transactions faster and more efficient), banks are among the leaders here.
Number one on the list – according to a study from EnvisionIP, a law firm specializing in analyses of intellectual property – is Bank of America (NYSE: BAC), which has applied for or received over 40 patents for blockchain.