What Is Blockchain

in hive-183397 •  3 days ago 

Assalamu Alaikum


If it is said, what is the safest technology to save information and transfer information? Undoubtedly it can be said that in the current era, the safest and trustworthy technology is the blockchain . Blockchains are created with many blocks, where each of the information is stored in a block of user. Just like a blockchain is being used in bitcoin . Meaning, there is a transaction tor information of the bitcoin. This means that the information of how much Bitcoin has been transferred to who. If you want any unscrupulous user, it can not easily change information from this blockchain.


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Blockchains are the reason for being the safest medium around the world because if a hacker changes the hack of a block, then it does not match a later haver. Since blockchains extend around the world, and each blockchain is associated with one other, so he can not crack it very easily if a hacker wants. Therefore, in relation to other countries of the world, Bangladesh is working on this technology in Bangladesh to preserve and keep the country's information safe. Stuart Hader and W.Scott Stornetta first brought the idea of blockchain in 1991. Blockchains are not only used on some of the few things, now it is now working to solve our different problems.

Blockchain is very effective in securing trade finance, reducing syndicates, etc. The most benefit through block chain is in the banking system, due to the invention of block chain, bank user information and money are safe. Moreover, block chain can be used in many other fields such as medical health care, data storage, etc.

Even though the blockchain system took over from Bitcoin, it is widely used and popular all over the world. As a result of block change system now a person can trust another stranger very easily. But there are still many people in our country who have no idea about it. But the more people know about it, the more its use will increase and the safety rate will also increase.

I Hope guys are you all good. Alhamdulillah I am fine too. So this was the main topic of today's post. I hope you like it. Not today, I will come again with a new topic. Until then stay well and stay healthy.


Thank You


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Upvoted! Thank you for supporting witness @jswit.

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I noticed that you wrote a nice article about blockchain. You have provided a lot of unknown information here. Thank you.

I am so happy to see your comment on my little post. It’s appreciated me very much, thank you brother.