Blockchain is a decentralized digital ledger that records transactions instantly and simultaneously across the internet, ensuring transparency and security. It was originally developed for Bitcoin but now has applications ranging from financial services to supply chain management, and verification services. Blockchain Technology companies promise to increase transparency, reduce costs, eliminate intermediaries, and provide more secure record-keeping systems. As industries begin to adopt blockchain technology and cryptocurrencies, companies at the forefront of blockchain innovation are likely to gain and attract more investment.
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A significant Bullish development in the crypto circle! Trump establishes a Cryptos working group to explore the creation of a national reserve.
① The President of the USA, Donald Trump, signed an executive order on Thursday to establish a Cryptos working group, led by David Sacks, with members including the Secretary of the Treasury, the Attorney General, and others. ② The working group is required to submit a report within 180 days, proposing regulatory and legislative recommendations for digital Assets, and assessing the feasibility of establishing a national digital Assets reserve.
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