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The Blockchain Might Be The Next Disruptive Technology

To process a transaction, you need first to make sure the sender owns the asset he wants to transfer, and make sure he will not trade it twice. In the blockchain, information is stored in blocks that record all transactions ever done through the network. Hence, it allows validating both the existence of assets to be traded and ownership.

http://techcrunch.com/2015/10/03/the-blockchain-might-be-the-next-disruptive-technology/

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