Like many breakthroughs, the central idea behind blockchain is simple but obscured by the surrounding embellishments and hoopla. At its heart, the idea is a purely technical one, beguiling in its counterintuitiveness: by broadcasting information, it becomes more secure. Ground zero for the blockchain idea is the Satoshi whitepaper, which presents a novel approach to avoiding the double spend problem in digital currencies. By cryptographically signing blocks of transactions and publishing them broadly, a record of who owns what is achieved that is resistant to tampering.
TALLAHASSEE, FL – Advanced Manufacturing International (AMI) has been awarded a $2M grant