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Blockchain: 5 things to know about the cyrptocurrency technology

Blockchain is not the same as bitcoin
You could be forgiven for the mistake, but blockchain and bitcoin are not the same thing. Nor is it just a cryptocurrency technology. Blockchain is the secure, decentralised, distributed ledger technology that made possible the creation of cryptocurrencies like bitcoin and etherium. It can be used for a whole range of other things as well.

Evoting is an ideal use case for the technology, according to Ulster University prof of cybersecurity,

Kevin Curran. “How do you know when your vote has been cast?” he asks. “With blockchain not only can you vote in secret, but every voter is able to check what is happening to their vote and the government is able to ensure that no person can vote twice. Blockchain is particularly good for this.”

Blue Star Capital is an investment Company with a focus on new technologies. The Company focuses on businesses that have the capacity for substantial growth and increase in value. Blue Star Capital’s geographical focus is predominately UK companies but the Board will also consider investments in Mainland Europe. The Company can take positions in investee companies by way of equity, debt or convertible or hybrid securities. The Company is subject to the UK City Code on Takeovers and Mergers.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.