Blockchain: When the Token Economy Meets the Translation Industry

Blockchain is an infrastructure technology, a distributed database that provides a way for various parties to reach consensus about facts in a secure, decentralized way without the need for a trusted intermediary. In particular it distributes the same data to all parties so they can hold and use identical copies of a particular file, thereby increasing mutual trust. Here we share with you 3 approaches to blockchain.

Author
andrew-joscelyne

Long-time European language technology journalist, consultant, analyst and adviser.

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