Blockchain is the core technology, the elemental string of code, that runs crypto currencies such as Bitcoin. This is revolutionary, similar to how the World Wide Web, the Internet, was first introduced decades ago. The Internet as we know, completely altered how we now think and live.
What many associate blockchain with, is it’s something to do with digital currency, but it goes far beyond that.
Like anything else that boldly predicts to alter the world as we know it, skepticism sets in. In the next few years, prepare to …
Every few decades or so, there’s a brand new ground breaking technology that evolves. Over a century ago, it was the automobile, and more recently the personal computer, and its evil step child the Internet. They seem to suddenly appear out of nowhere, the public remaining skeptical.
Blockchain is the core technology, that’s behind all these cryptos, such as Bitcoin. This is revolutionary, similar to how the World Wide Web decades ago, altered how we now think and live. What many associate blockchain with is just digital currency, but it goes far beyond that.
Just a few decades ago, the Internet was a sketchy concept to understand, let alone use. In its infancy, a variety of hazards needed to be ironed out. As a result, no one trusted it. It was slow and susceptible to hacking, where those with deceptive intent could easily steal your personal information, which left you exposed and vulnerable.