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ARTICLE · 03 OCTOBER 2023

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George Z. Georgiou & Associates LLC
George Z. Georgiou & Associates LLC
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George Z. Georgiou & Associates LLC

George Z. Georgiou & Associates LLC

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The Covid pandemic's impacts appear to have fueled interest in blockchain use cases and conversations. Blockchain appears to be of tremendous interest to Big Tech and the financial sector...

CyprusTechnology

The Covid pandemic's impacts appear to have fueled interest in blockchain use cases and conversations. Blockchain appears to be of tremendous interest to Big Tech and the financial sector, and several institutional investors have amassed substantial cryptocurrency holdings.

Blockchain is an emerging financial technology that uses a decentralized database managed by computers in a peer-to-peer network rather than a central computer as in traditional databases to streamline the process of recording transactions and tracking assets. Blockchain is the technology underpinning Bitcoin and cryptocurrencies in general. A property or piece of land is an example of a physical asset. On a blockchain network, practically anything of value may be monitored and sold, lowering risk and increasing efficiency for all parties.

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