Detailed text transcripts for TV channel - DW - 20171226:05:47:00
Every refugee has a virtual bank account and instead of having that account at a bank we can carry out individual transactions by a block chain. on blocking each refugee is identified by an individual code. the information is not stored centrally it's managed simultaneously by thousands of servers that's why the blocked chain technology is seen as virtually forgery proof all interactions between participant. are stored in an encrypted text file that way organizers can trace who bought what and when. is this interview it's extremely attractive for us because before block chain we were using var...
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