GICC - Global Innovation Center Clark

Bitcoin is an innovative payment network and a new kind of money. Bitcoin is a payment system published in 2008 and released as open-source software in 2009.

The system is peer-to-peer; users can transact directly without needing an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the block chain. The ledger uses its own unit of account, also called bitcoin.