Assalamu Alaikum wa Rahmatullah. How are you all in the Steem Alliance Community? My sincere greetings and congratulations to all the founders and admin, moderators of this community. Today I will discuss some things about Blockchain Technology. Today my topic of discussion is the importance of blockchain in the technological world. Please let me know how you feel about my discussion. If you like it, support it.
If we notice that the whole world is advancing based on technology. Generally, we can understand that the more advanced the country is in terms of technology, the more advanced the country is. Nowadays, technology is the main tool for the development of a country. We can advance a country, a nation only through technology.
Today I will talk about blockchain technology. Many people know about this technology. However, I am going to share some of my thoughts. In the current context, Blockchain Technology is very popular all over the world. There are many reasons behind this technology becoming popular. The special reason is hacking. Hacking is very easy in the current technology that we are using. A programmer can hack through this technology if he wants. But blockchain technology is a technology in which hacking is almost impossible.
I will talk about how this technology works. In this technology, when we exchange any information, that is, the person who will send the information and the person to whom the information will reach, two blocks will be created in the case of two people. The person who sends the information will create a block from here and the person to whom the information will reach will create a block and there will be a unique hash code between the two blocks. The hash code of the block of the person who will send the information and the hash code of the block to whom the information will be sent are connected to each other in the form of a chain and each hash code is 100% unique. In this case, it has been seen that because each block has a different hash code and because one block is connected to another block in the form of a chain through a unique hash code, the hacker cannot hack even if he tries. But if the information of a block is hacked in any way, it is very difficult or almost impossible to hack another block connected with it in the form of a chain. The reason is that each block has a unique hash code.
Why is this technology popular in today's world?
The main reason why Blockchain Technology is popular all over the world is that it is almost impossible to hack into this technology. And besides this, people's personal information is much more secure through this technology. The technology that we use today has a high chance of our information being stolen. But the possibility of data theft in blockchain technology is very less. Currently, this technology is being used in different countries all over the world. This technology is being used in different banks, different companies, different factories, industries. Especially the cryptocurrency market stands entirely on blockchain technology. This market is completely blockchain based.
Today I shared a little bit of my little knowledge with you all. If there is a mistake, please let me know through the comments. I ended my post here today by thanking everyone.
ABOUT ME
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Hey I Am Amran Hossain Patwary.I Am Professional Digital Marketer And I Also Web Developer. My Steemit Account @ahp93 . I am Using Steemit From December 2022 . I Like Traveling & Photography . I am Very Interested on Information Technology. I Want to Learn More About Technology And I Want to Teach About Technology .
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