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| How to protect cryptocurrency wallet | This is a critical but sometimes overlooked component of developing an implementation strategy. The permanent historical record of transactions would aid an audit, as it would be incredibly easy for the business to pull up their receipts if it was stored on the blockchain. The transparency actually increases efficiency about the information stored in one place. Consider the role of data and analytics. There are a variety of situations where a database is necessary to store and manage data that is not part of the blockchain, and this is where MongoDB can come into play. There are a handful of drawbacks to utilizing blockchain technology, some of which are:. Source: Bloomberg. |
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Blockchains: how can they be used? (Use cases for Blockchains)Design the blockchain solution. Develop a Proof of Concept (optional). Develop and deploy the solution.
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