By: Sam Neuman, Ars Technicom staff writerWhen your company sells products or services, you might have to register it with the government.
Your online presence, your credit scores, and other information are all recorded on a blockchain.
These information are not stored on the cloud, but rather on your blockchain, which can be easily accessed by any user.
But what if you need to keep that information secure?
Well, that’s where blockchain technology comes in.
The blockchain allows for smart contracts to be used to transfer data, and to make a secure transfer of funds.
And blockchain is a way of transferring data that’s hard to hack, unlike traditional financial institutions.
The idea is that the data is not stored anywhere on your computer, but instead in a public ledger, which is a digital record of every transaction.
And once you transfer data on your behalf, you are no longer required to register your company with the local authorities.
As of today, there are dozens of blockchain projects worldwide.
You can find more about blockchain at the blockchain.org site.