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New Insight on banks database through Bitcoin technology

A decentralized network help banking database connecting unique chain to store transaction records. The technology allows the database to bypass the disruption of the payment network that are often slow, cumbersome and expensive also help in making strong fraud to die out from the system. The financial banks taking up the bonds and shares to get replaced in a decentralized structure. Furthermore, the middlemen are cut through the technology, moreover, it also cuts the cost of transaction records. Looking towards the new area of transformation the bitcoin technology is far approachable to adjust the use of database in decentralized form. Read more at: http://analyticsindiamag.com/blockchain-technology-the-immutable-database-revolution/

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