The Greatness of Blockchain, Bitcoin Magic Technology That Changes the World

in bitcoinews •  4 years ago 

Many people are not familiar with Blockchain. But you know, Blockchain is a magic technology that changes the world.
Yes, now Blockchain is associated with Bitcoin as the technology that runs and processes the most popular cryptocurrency transactions. But Bitcoin can also be used for other things such as in Micro, Small and Medium Enterprises (MSMEs).
This system is not centralized, thousands of computers around the world that successfully create blocks of information and become a block chain will approve and confirm transaction information.

This system is also difficult to hack. "Hackers who want to change transaction information in a particular block do not only change one, but all the blocks that are stacked on it," said Jeth Soetoyo, Founder & CEO of PT Pintu Kemana Saja.

President Director of Blocksphere Indonesia, Gilang Bhagaskara said Blockchain technology has the opportunity to be applied in every industry.

"In its application, blockchain can be used for projects in the telecommunications industry, environmental surveillance, transportation, banking, exchange, agriculture, and even government."

"Indonesia's future is on Blockchain," added Jean-Daniel Gauthier, Production VP Blocksphere Indonesia.

"Blockchain is able to help Indonesia integrate large amounts of data without conflicts of interest. This technology is the key to collaboration with many parties, and is able to become an enabler for other technologies to operate more effectively in Indonesia."
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