Small Business Awards 2019

g Bitcoin Inc. However, that isn’t the final security measure for blockchain technology that Bitcoin Inc. are advocating for. Being a peer-to-peer network, everybody who is a part of the blockchain network receives a full copy of the existing blockchain. Each new block that is added must be verified across the network before being cemented into the block. Therefore, for a hacker to implement changes, they would also have to take control of the majority of the blockchain network to approve the changes. Combined with the block’s hashes, and the proof-of-work mechanism, blockchain technology has become one of the most secure technologies in the world. In the context of bitcoin, the blockchain is a shared public ledger, and the whole bitcoin network relies on it. Every single confirmed transaction is included in the blockchain, and its integrity is reinforced through cryptography, mathematical proofs that provide the highest levels of security for users and their digital wallets. However, the concept of blockchain technology means it can be customised for use in almost any industry. Where bitcoin uses it to securely keep information on buyers, sellers, and transaction amounts, other indust- ries could use it to hold a wealth of personal data just as securely. Operating with a mission of raising global awareness around blockchain technology, Bitcoin Inc. is committed to being the leadership that the cryptocurrency sorely needs. Wit h its origins still shrouded in mystery and the identity of creator Satoshi Nakamoto still largely unknown, Bitcoin Inc. was formed to create a governing body that organises the corporate affairs of the commodity itself. Despite having lost many of its leaders over the last eight years, the company reorganised in 2019 and remains a steadfast figure for the development and regulation of intellectual property, products, and services related to bitcoin. The mission that Bitcoin Inc. continue to fulfil and take responsibility for is not an easy one. It continues to try and ensure that the future of bitcoin itself and the technology behind it remains profitable, functional, and successful in all jurisdictions, institutions and businesses that could benefit from blockchain technology. Where Bitcoin Inc. sets itself apart from the competition seeking to capitalise on blockchain technology is in its partnerships. In order for a technology that is designed to increase privacy and trust to succeed, the firm only aligns itself with the most trusted and reliable partners. By exclusively working with clients who have a proven commitment to the highest levels of privacy, trust and security, Bitcoin Inc. are promoting the participation of future blockchain technology projects across a multitude of industries. As the world continues to understand new technology, Bitcoin Inc. remains totally committed to promoting the continued education and participation of blockchain systems beyond the mass adoption of current technologies. Rather than remain with outdated systems that do not fully deliver integrity, security and trust, Bitcoin Inc. are wholly advocating for widespread implementation of blockchain technology to guarantee that all manner of clients and users can be safe. Contact Details Company: Bitcoin Inc. Contact: Christopher Vanderhorst Website: www.bitcoininc.com