Understanding the Benefits and Risks of Blockchain

Risk Management Magazine

PUBLISHED ON: March 6, 2017

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Businesses are increasingly coming into contact with a new form of data storage and transmission known as blockchain. Best known as the architecture underpinning digital currencies such as bitcoin, blockchain also soon may impact businesses’ use and distribution of a host of different forms of record-keeping and datasets. It is time to take stock of the potential benefits and risks.

 

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