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5 Ways Blockchain Will Be Important In The Future.
How can Blockchain be used in the real world? Is it still important?
You’ve probably heard of cryptocurrency and Bitcoin. Maybe your friends have talked in the past about it and excitedly told you about how it's going to be the next big thing and your missing out if you don’t get involved.
Bitcoin is a currency whose value soared to new highs back in 2017 and more recently its had a resurgence in the markets and is now up over $11,000 in the wake of the economic downturn that has resulted from the Covid-19 pandemic.
But have you ever really considered how Bitcoin works or what it is that allows these currencies to exist?
We could be in the infancy of a technology that could have one of the biggest impacts on society and the global economy since the dawn of the digital age and the Internet.
What is Blockchain?
A blockchain is a type of distributed ledger technology (DLT) where a digital ledger records transactions across an entire network that is linked to a particular blockchain. The digital information is…