Bitcoin’s inception in 2009 introduced the concept of hard money to the world. A peer-to-peer financial settlement system which is free from centralized control. It also gave an insight into a system that democratizes data storage – blockchain. It is called today is the bedrock on which Bitcoin functions. Made up of two words, ‘block’ and ‘chain’, blockchain is literally a chain or a series of ‘blocks’. These blocks or data clusters are linked toRead MoreThe post What is Blockchain Technology? How Secure is it? appeared first on Bitcoinist.com.