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What is a corporate blockchain?



We have this image in our head of an overworked Chief Technology Officer summoned to the boss’s office and told to produce a corporate blockchain but without all that dodgy cryptocurrency. We imagine this CTO is puzzled. We certainly are. What is a corporate blockchain?

Here is our take: A corporate blockchain is a database system or ledger distinct from those owned by any company. Cryptography allows this database to maintain any required privacy or secrecy. A blockchain token associated with the database provides incentives for perpetual maintenance (mining). This token, however, could be illiquid and more like an airline ...

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