The problem with Bitcoin is that it's not completely anonymous, because everything is recorded on a publically
shared global ledger (the blockchain).
Not exact matches
Underlying the controversial web - based «cryptocurrency» is the blockchain - a massive
ledger of every bitcoin transaction ever made that is verified and
shared by a
global network of computers.
This
shared public
ledger enables people to make transactions with each other over the network, opening up new
global marketplaces for small businesses as well as a number of transactions all together.
The international R3 blockchain project to develop blockchain commercial applications and standards for the financial world just got a whole lot weightier as 13 new
global banks joined the distributed or «
shared»
ledger initiative.
A decentralized
ledger of digital transactions and assets that's
shared among many computers around the world will take friction out of the
global economy, raise defenses against fraud,...
«We believe that the contractual rules around exchange for anything and everything will become increasingly represented in distributed
global software, rely on inconvertible distributed
shared memory in the form of distributed
ledgers, and benefit from the services of
global multidimensional marketplaces such as Circle Poloniex,» stated Neville and Allaire.