Summary: Everyone has probably heard about blockchain, but do we really understand how this technology works and what application it has found in modern life? In this article, we will look at the basic concepts of blockchain and explain everything you need to know in simple terms.
Blockchain technology is on everyone’s mind these days. With the ongoing cryptocurrency bull market, almost everyone has heard about this tech at least once in their lives. After all, the decentralized ledger that makes up the blockchain is essential for registering crypto transactions.
However, many investors have limited knowledge about this technology and immediately link it to cryptocurrencies. But blockchain has some incredible use cases in addition to being a vessel for crypto transactions. This article has the goal to introduce you to the basics of blockchain tech and its many applications across various industries.
First, let’s begin with some essential knowledge on how this tech came to be and the science behind it.
Continue reading: https://www.euroscientist.com/everything-you-need-to-know-about-blockchain-technology/
Blockchain technology is on everyone’s mind these days. With the ongoing cryptocurrency bull market, almost everyone has heard about this tech at least once in their lives. After all, the decentralized ledger that makes up the blockchain is essential for registering crypto transactions.
However, many investors have limited knowledge about this technology and immediately link it to cryptocurrencies. But blockchain has some incredible use cases in addition to being a vessel for crypto transactions. This article has the goal to introduce you to the basics of blockchain tech and its many applications across various industries.
First, let’s begin with some essential knowledge on how this tech came to be and the science behind it.
Continue reading: https://www.euroscientist.com/everything-you-need-to-know-about-blockchain-technology/
