The Blockchain: A new Future

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The Blockchain.What's the blockchain? Have you heard about it? well, if you have not heard then you may have probably heard of the word Bitcoin, i.e the first cryptocurrency.This technology is going viral, some of you too have heard about this.The crypto-assets which are on hype today, they were just made for the payments.
If we look at the technology we will tend to know that it's quite interesting. Blockchain is a distributed ledger which keeps the records securely, especially it is more secure due to a decentralized platform. As today many of the people know about this technology just because of BITCOIN, the big name.Many people even don't know what is it?Just they are buying as to make money. The cryptocurrencies have shown today what they can do as many people who are in rural areas are also interested in this.
This is the time when the hype is almost gone as the cryptocurrencies are falling quite since 3 months and hit a low on Feb 6,2018.But if we see the underlying technology its awesome.No worry to trust the party in front of you or online as the blockchain is trustworthy.So we can make a better world.
Just remember that you must know where you are investing, so for long-term, the one which will be used as the real applications in the real world will be successful and all the others will collide, so it is said that if you are investing in any particular branch you must study that branch and then invest in it.
We can make this world a safer place by this technology. Another point which is interesting about this technology is that it is distributed and hence have another advantage of not losing any data.
The real world applications are done by projects such as Ethereum, as it too has its own currency but it is a platform for developers to build on ethereum blockchain.
We are leading to the new future of banking system and hence we must know about this new tech.
As this new technology is not only useful in the banking sector but also in many more. All of the big tech companies are looking to invest in this technology almost each and every big giant of tech, let it be Microsoft, Amazon, Alibaba, Google, etc are looking towards blockchain. As a part of our country, Billonaire Mukesh Ambani of Reliance company is looking for this tech as JIO is working on this project.We will see it a very useful tech in near future.
What will happen if IOT(Internet of things) and Blockchain get together?Just like IOTA.We will  come know it later in the next blog.





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  1. NikhilMay 31, 2018 at 9:33 AM

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