Blockchain technology is crucial to the future of banking, bitcoin, and other crypto-currencies. Large banks are investing heavily into this, as it de-centralizes currency and crypto-currency transactions. De-centralization means that it will become next to impossible for hackers to break into centralized (large) data base systems with financial information since it is spread over thousands of computer systems and each transaction is encrypted per every single server. Instead of having to break one security code, they will have to break thousands of codes that are changing all the time over the entire global landscape of computers.
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