NYC Bets on Bitcoin As It Opens a 4,000-Sq-Foot Blockchain Center

New York City is doubling down on the blockchain technology despite the prolonged Bitcoin bear market that saw Bitcoin shed more than 80% of its December 2017 highs while other cryptocurrencies shed even more. The New York City Economic Development Corporation (NYCEDC) announced yesterday January 10th, that it is opening a blockchain center in Flatiron District […]

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A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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