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As an revolutionary blockchain project, it concentrates on anti-cash laundering that aims to extend the adoption of cryptocurrency globally. Before blockchain can take the world by storm, it needs to overcome a number of challenges such as scalability, cybersecurity, compliance with established accounting, amongst others to move towards seamless adoption. The Distributed Ledger Technology (DLT), more commonly referred to as blockchain, was launched to the world together with bitcoin. However, combined with blockchain, good contracts present automated accountability. Without diving too far into the weeds, blockchain, at its core, is a transactional report maintaining system. The massive four blockchain ETFs (which all happened to debut within about two weeks of each other) still only have a combined $1 billion in assets, a comparatively modest amount by ETF business requirements and never almost keeping up with the curiosity in bitcoin, ethereum and other currencies. Some are smaller companies specializing in particular purposes and digital belongings, while the bigger entities are offering blockchain-as-a-service in addition to other sources to boost the utilization of blockchain.
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