Bitcoin, the virtual, cyber/digital-currency is touted as one of the most secure currencies, and it's use has been steadily growing. Though in it's initial years, acceptance by business and financial institutions had been low, there seems to be a gradual mainstreaming of this with Amazon, Walmart and Nike have begun accepting it.
Blockchain, a technology to provide a "ledger" of bitcoin transactions, is also something that's catching on.
It's a trend that needs to be closely followed.
Read more in this TOI article from the Dec 26, 2015 edition: '
Tech behind bitcoin can help check counterfeiting: RBI"
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