NIST Report Explains Blockchain Technology, Opportunities
The National Institute for Standards and Technology explained blockchain technology and potential uses in a report released Wednesday. “We want to help people understand how blockchains work so that they can appropriately and usefully apply them to technology problems,” said…
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Dylan Yaga, a NIST computer scientist and one of the report’s authors. It provides an overview of the technology seen as having potential for increasing currency and financial transaction security (see 1710100061) by letting users record transactions in a public ledger "such that no transaction can be changed once published."