Top
IDG Contributor Network: 5 top blockchain trends of 2018 – ANITH
fade
197757
post-template-default,single,single-post,postid-197757,single-format-standard,eltd-core-1.1.1,flow child-child-ver-1.0.0,flow-ver-1.3.6,eltd-smooth-scroll,eltd-smooth-page-transitions,ajax,eltd-blog-installed,page-template-blog-standard,eltd-header-standard,eltd-fixed-on-scroll,eltd-default-mobile-header,eltd-sticky-up-mobile-header,eltd-dropdown-default,wpb-js-composer js-comp-ver-5.0.1,vc_responsive

IDG Contributor Network: 5 top blockchain trends of 2018

IDG Contributor Network: 5 top blockchain trends of 2018

Blockchain technology is one of the biggest new developments to have hit the tech industry over the last few years, and its infamy is bolstered by the fact that it’s the underlying technology which powers bitcoin and other cryptocurrencies. To many people, blockchain and cryptocurrencies are synonymous, but that’s being over simplistic.

A blockchain is basically a type of distributed ledger that’s impossible for people to hack. Instead of just relying on one database, a blockchain is spread between different people in a similar way to how bit torrents work. Once data is written to a blockchain, it’s stored there forever. It effectively makes it a trustworthy, hack proof way to store interoperable data.

To read this article in full, please click here

Source link

Anith Gopal
No Comments

Post a Comment

13 − one =

This site uses Akismet to reduce spam. Learn how your comment data is processed.