How secure is the blockchain?

The answer to this question depends on the circumstances. If you listen to some blockchain experts, the technology behind blockchain is going to secure the future of many industries and applications. For example, the technology is the source of IPFS (InterPlanetary File Systemhttps://ipfs.io), a new and more secure internet protocol (replacing http).

It is already revolutionizing the banking industry by delivering secure identity communication and smart contracts (that is, programmable code deployed on the blockchain that act as a complement, or substitute, for legal contracts or complex business transactions), thereby reducing costs by requiring fewer back office employees. Furthermore, it creates distributed ...

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