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Benzinga
Benzinga
Business
Philip Loyd

10 New York City Blockchain Startups To Watch

Blockchain is technology that literally enables the existence of cryptocurrencies like Bitcoin, Ethereum and Litecoin.

It is a decentralized ledger of all transactions across a P2P network. Like the U.S. dollar, cryptocurrency is a medium of exchange. Unlike the dollar, however, cryptocurrencies are digital, and employ encryption capabilities to operate. Quite simply: without blockchains, there would be no crypto.

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