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Blockchain proves successful in Myanmar microfinance test


An experiment to create a low-cost and highly reliable blockchain infrastructure to record financial transactions is gathering steam in Myanmar.

Blockchain is a distributed database that maintains a continuously-growing list of data records that are difficult to tamper or revise. The technology serves as the public ledger of transactions using the virtual currency bitcoin.

For more on this story visit the following link: Blockchain proves successful in Myanmar microfinance test

Source: Asian Nikkei Review

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