Blockchain Secrets
In recent months, blockchain technology has dominated the
news. However, if you're like many, you may not be able to
wrap your head around what is being said completely. In
fact, according to the latest surveys, blockchain is one of the
most complex emerging technologies out there today. While
it is still a relatively new technology, blockchain is one that
could dramatically shape the way businesses, and
marketers work in the not-so-distant future.
The blockchain was first defined in the source code for
Bitcoin and is the underlying foundation for all
cryptocurrency transactions. Bitcoin was invented in
October 2008, when Satoshi Nakamoto published a white
paper titled Bitcoin: A Peer-to-Peer Electronic Cash System.
The code for blockchain was released as open source in
January 2009. Over the last decade, blockchain, the
technology that runs Bitcoin, has developed into one of
today’s most significant, ground-breaking technologies with
the potential to have a tremendous impact on every industry
from financial to educational, to manufacturing.
Currently, Bitcoin is just one of the several hundred
applications that utilize blockchain technology. It has been
an impressive decade of transformation for the technology
with no signs of it slowing down in the next ten years. If you
are interested in learning more about what blockchain is,
here are five of the most asked questions about the
technology answered.
What is Blockchain?
How Does Blockchain Work?
Is Blockchain Technology Secure?
What Are Some Other Applications for Blockchain?
How Can I Use Blockchain?
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