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Blockchain Write For Us

Blockchain Write For Us

The technology behind bitcoin can revolutionize the way you do business. It’s called blockchain, and various projects are underway to develop useful applications like bitcoin-up. co for many industrial fields, Gillian Elias, a senior economist at BDC, answers five common questions about blockchain and its potential impact on the way you do business. To Write for Us, you can email us at contact@triotechdigital.com

Definition of Blockchains and how do they work?

Blockchains are digital records of asset owners that are continually updated. Transaction information, such as the date, time, and a number of transactions and the participants in the transaction, is encrypted in a block joined with other blocks to form a chain.

No central authority controls the blockchains; This is one of the reasons that bitcoin and other cryptocurrencies are so fascinating. Everybody is on a blockchain. It has admission to the same information, ensuring transparency and ongoing operations reconciliation.

Since these strings are present on many computers, there is no centralized version of the information that a hacker could attack. Thus, it is no longer necessary to resort to a trusted third party to verify the information that concerns him and relates to the transaction he wishes to carry out.

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