Please enable JS
BLOCKCHAIN TECHNOLOGY
THE NEW INTERNET
The blockchain is an undeniably ingenious invention But since then, it has evolved into something greater, By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet

BITCOIN HAS BEEN CALLED “DIGITAL GOLD,” AND FOR A GOOD REASON

The blockchain database isn’t stored in any single location, meaning the records it keeps are truly public and easily verifiable. No centralized version of this information exists for a hacker to corrupt. Its data is accessible to anyone on the internet.

The blockchain network lives in a state of consensus, one that automatically checks in with itself every ten minutes.

A kind of self-auditing ecosystem of a digital value, the network reconciles every transaction that happens in ten-minute intervals. Each group of these transactions is referred to as a “block”. Two important properties result from this.

The blockchain network lives in
a state of consensus
By design, the blockchain is a decentralized technology. By storing data across its network, the blockchain eliminates the risks that come with data being held centrally. . .

THE BLOCKCHAIN
MOVING INTO THE MAINSTREAM

By storing data across its network, the blockchain eliminates the risks that come with data being held centrally. The block chain gives internet users the ability to create value and authenticates digital information. Some of Block Chain business applications

Smart contracts

Governance

Identity management

The sharing economy

Supply chain auditing

AML and KYC

Crowdfunding

File storage

Data management