Why in News
Recently a document prepared by Ministry of Electronics and Information Technology named Nation Strategy on Blockchain has recommended using the Blockchain Technology for E-Governance.
Satoshi Nakamoto in 2008 invented the Blockchain Technology for use in the cryptocurrency Bitcoin as its public transaction ledger. The aim of this invention was to remove any third party interference and create a decentralized ledger which would allow its users to have complete control over their own money.
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