What does John McAfee’s visit to Canada mean for Blockchain Technology?

What does John McAfee’s visit to Canada mean for Blockchain Technology?

The renowned founder of McAfee Associates (a computer security solutions provider) is not fond of leading a life that befits your typical business exe

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The renowned founder of McAfee Associates (a computer security solutions provider) is not fond of leading a life that befits your typical business executive. John who loves travelling the world, is a huge fan of yoga and loves libertarian is now in Toronto, Canada. He is working with Equibit Development Corporation also known as EDC. Equibit is a firm that specializes in offering security service for the safe issue of shares in companies as well as protection of trades from hacks. The main point is that EDC utilizes decentralized blockchain technology in its operations. John has recently acquired a new position in the ranks of EDC as its chief security officer.
The CEO of EDC, Chris Horlacher said in a statement that the corporation was privileged and happy to work with John McAfee. He added that with the contribution and guidance of John, EDC will proceed in setting the pace with regard to security standard for blockchain services. Chris said the corporation had a similar zeal for IT security as John has and it is that fact that will make the new team soar to great heights.

This news comes at a time when Bitcoin blockchain technology is experiencing an exponential growth in terms of both usage and interest by investors and technology gurus.

For those who are not familiar with blockchain technology, it can be defined as a manner by which data can be structured to act as the foundation of cryptocurrencies such as Bitcoin. The coding comprises of interlocking blocks of transactions that facilitate the sharing of a digital ledger between competitors and a network of computers without having a centralized authority. This makes the ledger resistant to hacks, a fact that has greatly appealed to businesses that major in technological matters. Currently, forty of the leading financial firms are sampling the blockchain technology.

It now seems logical why a guru such as John McAfee would want to involve himself in the security side of blockchain technology. In addition, he has a lot of interest in decentralized power structures. He is an outgoing person as exhibited by his U.S presidential election candidature the other day despite his loss to Gary Whats Aleppo Johnson.

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