The 2008 financial crisis led to consumer confidence in financial institutions decreasing, and consumers sought alternative ways to store and keep safe their valuable asset of money. The financial crisis consequently led to the emergence of cryptocurrency; a form of tender that is unregulated and …
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Blockchain and the Law
What is a Blockchain? Blockchains are, in many ways the “tamper-proof boxes” that combine many existing technologies, including peer-to-peer networks, public-private key cryptography and consensus mechanisms to form what is ultimately a highly resilient and tamper-resistant database where people can …
