Accenture Testing a Defining Characteristic of Blockchain with Editing System
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Accenture’s data would only be edited under exceptional situation, in order to resolve fat-finger-type human errors as well as to meet legal and regulatory requirements and address violation.Blockchain users were fast to excoriate Accenture's move, which is the latest investment by the financial services industry in the nascent technology, which promises to cut costs, reduce settlement times and increase transparency. The original blockchain underpinning virtual currency bitcoin is kept secure by data being shared across a global network of computers, which are incentivized by competing to win new bitcoins in a system know as "mining".
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Great article!