The Municipality of Bari to Use Blockchain For Guarantees Policies

The Municipality of Bari, Italy has decided to utilize the blockchain technology for guarantees policies by collaborating with, SIA. The Mayor of Bari Antonio Decaro commented, “This initiative wants to be one of the buds ready to blossom and multiply, to bear fruits that can bring value, both in the public and in the private companies.”

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The Municipality of Bari to Use Blockchain For Guarantees Policies

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. 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.

Blockchain 101 · Crytpo Currency Market
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