Microsoft Goes Big On Bitcoin

Photo by Stuart Isett/Fortune Brainstorm TECH

As Business Insider reports, Microsoft is partnering with ConsenSys, a Brooklyn-based startup that specialises in blockchain, to bring bitcoin and its associated technology to financial institutions.

Blockchain, the technology that underpins bitcoin, is essentially a vast, decentralised ledger that registers every transaction anonymously. As the ledger is public, blockchain is virtually tamperproof, making it ideal for financial clients.
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