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Category: businessbusiness

Blockchain technology

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We all already know what Blockchain technology is.
And here are 5 interesting facts about it…

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1. The BitGive cryptocurrency fund has
launched the GiveTrack blockchain platform,
which allows you to make and track
donations. The platform is based on
innovative technologies that make it possible
to improve charity activities and attract new
donations

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2. Blockchain will allow you to modernize
the ways of interaction between consumers
and electricity suppliers. Members of some
communities in Brooklyn and New York
generate electricity on solar panels and sell
it to neighbors using blockchain. This is an
extreme example of the possibilities of
technology in the energy market

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3. Not a single record that got into the blockchain can be
changed or deleted by criminals, because in order to do it they
would have to affect all nodes of the network at once, and this
is practically impossible

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4. It is known that almost all international transactions
carried out through banks are under the control of the
United States. Therefore, bitcoin can be an effective
tool to overcome US sanctions. For example, Venezuela
created the national cryptocurrency "Petro" to protect
against US sanctions

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More than a billion people around the
world have difficulty in proving their
identity. Microsoft wants to change that.
The company is currently developing a
Digital Identification system based on
Blockchain. It intends to assign a unique
number to each. It can be used in
banking, healthcare and even while
traveling around the world

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Be like Elon –
study Blockchain!
Thanks for your attention
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