Remember when the idea of paying for everything with a plastic card seemed so out there and unrealistic? Naysayers of virtual payment platforms like Bitcoin and blockchain have made the same argument. Blockchain is a database that is neutral and accessible to anyone with a computer. It’s secure and enables participants to issue, transact and store financial assets digitally and in nearly an instant.
- Chain Open Standard 1 (Chain OS 1), an open source blockchain protocol, was released May 2 after 18 months of development and collaboration
- Chain, Inc. partnered with global financial service firms including CitiGroup, Visa and Capitol One during the process
- The blockchain network connects multiple institutions and individuals to provide safe, efficient and unique transactions.