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Showing posts from December, 2021

Blockchain Technology

Do you know who introduced the first Blockchain? Blockchain technology is a revolutionary technology that is popularly known as the Backbone of Digital Cryptocurrencies, which have been generating incredible hype in the last decade. Blockchain was introduced by the unknown persons behind the online cash currency bitcoin, under the pseudonym of Satoshi Nakamoto. Do you know why Blockchain was introduced? Blockchain allows participants of the network to perform mathematical verification and reach a consensus to agree on any particular value. While making a transfer, the sender uses their private key and announces the transaction information over the network. Blockchain technology can be used to create a Permanent, Public, transparent ledger system for compiling data on sales, tracking digital use, and payments to content creators, such as wireless users or musicians.                           Most people who lack famili...