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What is blockchain good for?
Although blockchain technology was created to support digital currencies like bitcoin, recent developments in blockchain are paving the way for a new type of internet. This is nearly the end of 2017 and i am pretty sure that 2018 is going to be the year of blockchain technology. Abstract—blockchain is challenging the status quo of the. Now, new year, new me, new mindset. Blockchain is the hottest topic now, together with bitcoin and cryptocurrencies. • even though blockchain is still relatively new, it has already left a mark on almost every aspect of our lives and revolutionized some of the most basic industries we do. When i started wondering about the importance of blockchain technology, the answer was simple: So today we're going to learn what warren buffett, gary vaynerchuk, mark cuban, and other successful people think about cryptocurrencies. At the same time, the concept of a shared database appears to have many uses in devices of the future. Blockchain technology accounts for the issues of security and trust in several ways. The comparison does not come as a surprise given that blockchain has proved to be more than capable in changing how people live and still be able to revolutionize various industries. Is blockchain technology the new internet? Blockchain will become as useful as the internet is, and will become an inseparable part of our daily.
