My employer, along with many other financial institutions are implementing blockchain technology.
We had a very non - technical "webinar" on it and as I understand it, it is akin to a giant ledger that records every transaction and is very robust because there are lots of copies of the ledger held around the world that get updated at the same time.
One of the issues suggested was that if every transaction is recorded, then there will be no privacy to transactions in the future, every transaction would be available for scrutiny.
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