Author : Sebastian Merz
Publisher : BoD – Books on Demand
ISBN 13 : 3752658967
Total Pages : 62 pages
Book Rating : 4.7/5 (526 download)
Book Synopsis Blockchain Technology - The Next Big Thing by : Sebastian Merz
Download or read book Blockchain Technology - The Next Big Thing written by Sebastian Merz and published by BoD – Books on Demand. This book was released on 2021-01-07 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Block chain, mostly known as the backbone technology behind Bitcoin, is one of the hottest and most intriguing technologies currently in the market, but what exactly is it - and can it somehow help you? Simply put, Block Chain is the digital equivalent of a banker's ledger, one that records and secures transactions between two parties. Set to cyberspace, this type of programming allows the transfer not only of data, but of value - making it a unique and fundamental building block of our emerging future. Block chain technology was originally developed in 2009 to enable individuals and organizations to process transactions without the need for a central bank or other intermediary, using complex algorithms and consensus to verify transactions. Now it has been adopted and modified by companies and start-ups the world over, and is being closely scrutinized by World Banks as the logical next step in digital finance. This book explains Block Chain in its entirety; its history, uses, potential, disadvantages and even its future. Understanding this valuable, open system is vital to creating the financial freedom you crave. Digital currency is no longer a pipe dream of the basement gamer, its real, it's here, and you need to comprehend how it moves and is secured in order to plan for a future that will see a revolution in our current banking system.