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https://smallbusiness.report/Resources/Whitepapers/f88bef0d-6b84-4803-9c2b-882f288dec0d_trustmechain.pdf
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Whitepaper on Distributed 4 Ledger Technology Platform 5 for Business Innovation
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DLT allows network databases to interact with each other smoothly and securely without a central party 136 from which each participating party seeks acknowledgement. It is with this versatility, traceability, 137 decentralization, transparency and efficient sharing of data that DLT transforms the way organizations 138 conduct and deliver their businesses. The DLT’s revolution introduces huge impact to the information 139 world. First of all, digital currencies built on DLT use decentralized control to exchange digital assets and 140 transform the society into a cashless one. The total digital currency market value has reached more than $370 billion in December 6, 2017 according to Coinmarketcap.com data [2] 141 . This figure has surpassed the 142 stock market value of JPMorgan Chase, the largest bank in the United States, with approximately $366.8 143 billion value on that day.
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