NTT to Implement Blockchain to Store Contracts

NTT to Implement Blockchain to Store Contracts

A blockchain patent application has been filed by a telecommunications company based in Japan name Nippon Telegraph and Telephone (NTT). The blockchain-powered system will be encrypting the contract and store in a decentralized storage. NTT explained the system as “a simple method… maintaining the mode of one electronic signature per transaction, and maintaining credibility.”

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