In Capital Markets, Blockchain's Evolution Has Left the Bitcoin Model Behind

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The original blockchain was a distributed ledger used to trade the cryptocurrency bitcoin. Bitcoin transactions would be pooled into blocks to lower the cost of validation for each individual transaction.

But according to a new report published by consultancy Opimas, the so-called “blockchain” initiatives beginning to populate the capital markets have little resemblance to the original bitcoin-blockchain model. Most initiatives today do not require transactions to be “blocked” together.

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