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Showing posts from April, 2018

How will blockchain cryptocurrency redefine global business?

Blockchain as an algorithm has become the backbone of thousands doing business already, and it is growing faster than Facebook now. That is because Blockchain is perhaps the safest and the most transparent method of doing business. In fact, by design, a blockchain is inherently resistant to modification of the data. The only way to modify any data within a Blockchain is with the alteration of all subsequent blocks, which requires collusion of the network majority. This has made Blockchain one of the most secure ways of doing transactions around the world with the help of various Blockchain Companies. Blockchain Cryptocurrency like Bitcoin, Ethereum, Lite Coin and even DogeCoin has become the new Master Card or Visa of global business. Blockchain Companies similarly are slowly taking over not only the transactional steps but actually the infrastructural needs of a global business. How? Well, a Blockchain is a chain of blocks. Each and every block within this chain is secured with

Are Blockchain Companies the best future?

If you have been paying attention to any media network in the world in the past few years, you would have heard about a Bitcoin Cryptocurrency Exchange . And if you have heard about that, then you must have heard a news broadcaster mutter about something which sounds like Blockchain Technology. But what is blockchain? What does it have to do with a Bitcoin? And why in the devine name of god are these financial advisors are talking about Blockchain Companies ? The reasons behind that are simple, BTC or Bitcoin and other such new digital currency run on Blockchain. As Wikipedia puts it “A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data.” But what is more amazing is that blockchain technology is mostly resistant to modification of the data. That makes this technology one of the safest means of transaction. I