IS BLOCKCHAIN TECHNOLOGY GOING TO CONQUER THE WORLD?
Yes, Blockchain technology is going to conquer the world. There are so many reasons but i know only few and i'm stating it here.
1)It's cryptography algorithms secure the data and displays it openly, you can see the data but you cannot access it or steal it.
2)Blockchain technology is going to interrupt the banking system because there is no need for a middle person to make transactions.
3)applications can be added to the network without the approval or trust of others, using the blockchain as a transport layer (transport layer is the 5th layer in computer architecture where it sends data from application layer to network layer).
4)Blockchain technology can be used to create a permanent, public, transparent ledger system for compiling data on sales, storing rights data by authenticating copyright registration.
thats all i know about what a blockchain technology can do, if you know more about it please feel free to comment down below.
Blockchain is a revolution. The only problem is there are thousand of coins and only just a handful will succeed.
Yes, blockchain is the next big thing. We are only in the beginning of this technology. The power of what this can do is now just starting to come to light. Blockchain projects are now starting to apply what they set out to do with their dApps. More to come.
it is going to change the world.