Authors: Carolyn H. Rosenberg Cynthia O'Donoghue Edward J. Estrada Evan Thorn J. Andrew Moss Ranajoy Basu Tyree P. Jones

Bitcoin relies on its peer-to-peer network to do two things: maintain the authoritative ledger of transactions and issue new currency. The application of the blockchain is anticipated to extend far beyond financial services to include various applications of authentication and data storage. Potential applications of the blockchain include real property records, digital content ownership verification, and business process management. Our whitepaper demystifies Blockchain, examining it in the context of the wider landscape of Financial Technology.

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