In line with new evolving computer technologies, a lot of issues previously found complicated are now seen as an easygoing task, for example, e-commerce, contactless payment, secured online transactions, and ride-hailing. All thanks to blockchain, a new technology that massively revitalized all-around sectors, equipping the financial industry with enhanced solutions with less or no additional fees. Kicking off as the underlying technology of digital currencies such as Bitcoin (BTC), blockchain technology has interestingly gone far beyond the concept of serving as a public transaction ledger, to affecting the way we pay, play and work. Blockchain is an open, distributed ledger that efficiently keeps records of transactions permanently. “BlockChain,” as it was initially called, constitutes a growing list of records known as blocks, which are linked using cryptography.
Comment on 6 Industries Blockchain Technology Will Revolutionize
Ronak Meghani, ReadWriteWeb
Mon, 01/06/2020 - 2:00pm
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