Some say it will be as big as the internet, so what exactly is Blockchain?
We’ve been told that Blockchain is set to transform financial transactions and thus the world of corporate reporting. It’s predicted to be as big as the internet, but what exactly is it and how could it affect all of us?
Blockchain is a type of database known as a distributed ledger that operates on a consensus basis. Whenever a user submits a new data block to the blockchain, the majority of other users must confirm that it is valid. The database does not have a central administrator.
Read the full article and watch a video which explains what blockchain does, how it works and the ways in which it will affect us all:
Blockchain and the future of audit
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the first huge Bitcoin run up, you still have the chance to make it big.
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Private sale:
============
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==================================
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ReplyDeleteIf you ask me the question like, “what is the world’s best performing currency?” I would answer it is crypto-currency and virtual currency Bitcoin. This currency is completely decentralized and it is not run by the authorities of the country. It is managed by the network.
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Banks and governments will no longer be centralized which means that they are not capturing all the information and data about us. Blockchain is not centralized which means that information is shared across the users so no hackers would ever attack.
For now the potential of blockchain technology might seem endless and maybe in the next decades, blockchain will be emerged as an innovative technology in the era of the fourth industrial revolution and we will use blockchain-based technology and platforms without even realizing it.
If you are interested in investing or even just learning about development of blockchain I can recommend you BINT Protocol, which is the company that goes public officially in December this year. BINT Protocol can offer the fully decentralized and secure environment and a platform in order to build APIs which is it can transfer and receive data with the blockchain network built by the users.
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Let us look at some of the most popular and promising crypto trading tools and software in 2020. These platforms could help you make the right investment decisions and take the right trading actions.
8 Best Crypto Trading Software Tools for Starters.
Walleteum is a online wallet built with security, anonymity and decentralization in mind. This means you hold your own keys, which are encrypted and kept only on your own device, control your own funds and can efficiently swap tokens without needing to go through a centralized exchange.
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