Top Applications of Blockchain in the Real World
What are the top Applications of Blockchain in the Real World?
These are some of the best Applications of Blockchain in the Real World
1. Asset Management
2. Cross-Border Payments
3. Healthcare
4. Cryptocurrency
5. Birth and Death Certificates
What is blockchain technology?
Blockchain is a decentralized and distributed ledger technology that records transactions across multiple computers and is unchangeable overtime. It works as a chain of blocks, where each block has a list of transactions that are cryptographically linked to the previous block, which ensures security.
What is the most popular blockchain?
Ethereum and Bitcoin are the most popular blockchain. Ethereum is famous for its smart contracts and lots of fun applications like games and decentralized finance. While People use Bitcoin to buy things and invest in the future.
Top Applications of Blockchain in the Real World
The last time this world changed a lot was with the invention of the Internet! Can you imagine ever living without the ever-present Google or all the other social media sites like Facebook, YouTube, etc? It sounds impossible. Well, this time the world might change again because of the applications of Blockchain! Blockchain is becoming more and more popular within the last decade and it might be an understatement to say that Blockchain Applications is the next big thing in the world of tech. Blockchain has so many applications in every sector you can imagine such as healthcare, finance, government, identity, etc. And that’s not including the most popular applications of Blockchain which is Bitcoin.
However, Blockchain is much more than just Bitcoin. Its decentralized nature makes it extremely secure and susceptible to attacks which is why it is gaining popularity in many applications around the world. So let’s understand the essential nature of Blockchain and its varied uses around the world.
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