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Blockchain is often associated with bitcoin

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Blockchain is often associated with Bitcoin and the financial services industry. However, it is applicable to almost every industry. The term Multi-party Systems better describes how the blockchain system is used. What is a benefit of a Multi-party System? It can help businesses unlock the trapped value of their data. The system now owns the data and can share it as needed. Organizations who participate must share data from the same location. More employees can be hired to process the data. I don't know this yet.

Reference no: EM133216856

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