Whether you work in the tech industry, a commercial sector that relies heavily upon it, or in a completely unrelated field, chances are you’ve heard the term, blockchain. From Twitter timelines to news reports to water-cooler conversations, it’s increasingly becoming a part of our global lexicon, right along with its cousins, cryptocurrency (crypto) and bitcoin.
If this emerging area of technology still seems a bit fuzzy and vague to you, take heart – you are not alone. But one thing is clear: blockchain technology is materially changing the tech industry. It is creating new opportunities – including increased demand for technical talent – based on new ways of doing business and how we transact, invest, store, secure, share and leverage digital data.
To get you up to speed, here’s a primer on how blockchain technology works and how it’s transforming the tech space.
What is a blockchain?
A blockchain in its simplest form is a distributed or decentralized database in which a set of data (a digital ledger of transactions) is stored among a network of computers making it more secure and difficult to hack or alter. In turn, this enables people to use the data to transact with one another more securely, without a third party, like a bank or government, being involved to control the transactions.
Continue reading: https://www.bizjournals.com/jacksonville/news/2022/06/09/how-blockchain-technology-is-changing-the-tech.html
If this emerging area of technology still seems a bit fuzzy and vague to you, take heart – you are not alone. But one thing is clear: blockchain technology is materially changing the tech industry. It is creating new opportunities – including increased demand for technical talent – based on new ways of doing business and how we transact, invest, store, secure, share and leverage digital data.
To get you up to speed, here’s a primer on how blockchain technology works and how it’s transforming the tech space.
What is a blockchain?
A blockchain in its simplest form is a distributed or decentralized database in which a set of data (a digital ledger of transactions) is stored among a network of computers making it more secure and difficult to hack or alter. In turn, this enables people to use the data to transact with one another more securely, without a third party, like a bank or government, being involved to control the transactions.
Continue reading: https://www.bizjournals.com/jacksonville/news/2022/06/09/how-blockchain-technology-is-changing-the-tech.html
