Top Blockchain Applications You Must Know
Blockchain technology has been around since 1990s but gained popularity with rise of Bitcoin in 2008. Let's delve into various uses & potential of blockchain technology to demonstrate its versatility & scope.
Blockchain is a digital ledger that is decentralized, distributed, and immutable. It is often used to record the details of transactions.
Decentralization means that there is no central authority controlling the network, and all nodes have equal authority. Do you know why it is called distributed?
1. Money Transfers Blockchain can be used to make financial transactions faster and more secure. Cross-border transfers can also be made faster and cheaper using a common blockchain platform.
Discover various Possibilities of Blockchain Technology by Exploring its various Applications.