Even as the value of bitcoin plunged from a high of $20,000 in late 2017 to about $4,000 in late February 2019, according to Bloomberg, interest in the technology behind it grew. Blockchain, the distributed ledger technology used in bitcoin, has the potential to aid compliance in significant ways.
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Since blockchain is supposed to be extremely secure and unalterable, many individuals have dubbed this technology as “unhackable”. However, recent incidents have unfortunately shown that hackers can access blockchains in certain situations.
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