BlockStamp BST White Paper

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Hello and welcome to this blog post about BlockStamp BST White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the BlockStamp BST white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the BlockStamp (BST).

I can ensue you that, you will be able to understand every bits and pieces related to BlockStamp (BST) after going through the BlockStamp BST white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

BlockStamp BST White Paper

BlockStamp BST white paper will be going to provide you, all the information that is needed to get started with BlockStamp (BST), including the inspiration for creating, the problem it is trying to solve and the solution proposed by BlockStamp (BST).

Introduction

“ BlockStamp (BST) is a new digital currency intended to store user data in blockchain. It is based on Bitcoins peer-to-peer technology to operate with no central authority.

The goal was to create a new fast and effective blockchain that could be used for trusted timestamping of documents. Currently, BlockStamp blockchain is used as the core of an online gaming platform.

Future uses will cover timestamping dedicated for banking purposes, DNS and more. BlockStamp Games is an example of an implementation of randomized transactions provided by the BlockStamp blockchain.

The blockchain offers the possibility to obtain fair, untempered randomness that can be used in many applications such as e-gaming.”

White Paper Link: BlockStamp (BST) White Paper

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