Abstract
The term “blockchain” originally refers to the underlying technology used in implementing the Bitcoin protocol and network based on a paper published by Satoshi Nakamoto in 2008. The present-day use of this term generally refers, in a broad stroke, to a myriad of nascent distributed ledger technologies that are either associated with or evolved from the invention of Bitcoin. This writing seeks to provide the readers with some guidance on technological considerations when deciding to apply blockchain for commercial use.
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