The notary function has been a necessary aspect to most common law systems with a “notary public”, a public official who validates documents and can administer oaths and attestations or affirmations.
In the future, when we look back at this chapter in the market, it will be tantamount to looking back on the early days of the internet
HSBC announced they will be shifting $20 billion worth of assets to a new blockchain-based custody platform by March 2020. This is a vast improvement of the previous system as the HSBC platform will digitize paper-based records of private placements.
Encryption protects all kinds of electronic communications, as well as things like passwords, digital signatures, and health records.
In the late 1700’s, an English philosopher named Jeremy Bentham enumerated some controversial ideas about social reform. Among his many musings, he believed power should be visible and unverifiable.
China’s president, Xi Jinping, called on his nation to “seize the opportunity” and take a “leading position” in the development of blockchain technology.