Why everyone talking about Blockchain?
You may have heard blockchain post on social media OR some tech friend talking about blockchain OR may have heard your government will adpot this technology...
WHY? BLOCKCHAIN?
Blockchain refers to what is essentially a decentralised, public, and secure ledger of transactions. It store information in a block and a chain is formed. The stored information is private that means it cannot be hacked or data cannot be leaked giving a trust to User's Privacy.
IS BLOCKCHAIN A FUTURE??
Crypto-currencys such as Bitcoins and other alternative coins works on blockchain technology. In which every trader information is stored securely.
Banks are adopting blockchain for privacy and data storage.
It’s even a powerful way to safely store information, since each transaction can have additional things tagged on to it.
Recently Samsung Company also announced adopting blochchain to track their Products Delivery and store User's Information privately.
It’s enough to know that blockchain technology will change business all over the World