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Because blockchain technologies are uniquely suited to verifying, securing and sharing data, they’re ideal for managing multi-party, inter-organizational, and cross-border transactions. Over the past five years, enterprises across the globe have vetted the technology with thousands of proofs of concept, but live deployments have been slow to come because partners using blockchain as a shared ledger have to agree on IP rights, governance, and business models. Government regulations have also impeded its widespread use.
