A brief history of Bitcoin in Vietnam

In 2009, Bitcoin, the first decentralized digital currency, was implemented using blockchain technology — a public, transparent, and distributed database which is secure from revision and tampering. Transactions via this medium are processed directly between two parties — without passing through a third party, thereby keeping transaction costs low to nonexistent.

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Andrew P. Rowan

Author of Startup Vietnam: Innovation and Entrepreneurship in the Socialist Republic. More at www.andrewprowan.com