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Bringing Trust to the Internet: Blockchain Technology
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15:34 - 19:05 (03:31)

The reliance on intermediaries such as banks and credit cards to ensure trust in online transactions can be removed with the use of blockchain technology, which allows computer code to take over and enforce trust. Just as a fly trapped in a large block of amber guarantees its age, the use of blockchain guarantees the legitimacy and accuracy of data in the virtual world.

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