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Blockchain, the underlying digital ledger technology for Bitcoin, has been gaining popularity as institutions from diverse backgrounds start to test and measure its potential impact. The World Economic Forum predicts that 10% of the world’s gross domestic product will be stored on blockchains by 2025.

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The evolution of enterprise infrastructure—from legacy, physical infrastructure to virtualized environments—is changing the way enterprises consume back-up and replication solutions. Traditionally, enterprises required back-up and replication solutions designed for data on physical servers (henceforth called physical back-up). Today, enterprise...

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