Future of Blockchain Technology
Introduction : Blockchain technology has been gaining traction in the financial services industry for several years now. At its core, blockchain technology is an open-source digital ledger system that records transactions between parties efficiently and accurately. It’s also been used to support cryptocurrencies like Bitcoin, Ethereum, Tron, Ripple, Litecoin & Other crypto’s. But not just any blockchain platform -this is a decentralized one. That means that there are no centralized servers or miners running the network. Instead, each user deposits and returns their respective tokens to the token holders as a result of their respective transactions. This process continues until all of the tokens have been distributed to the token holders at one final stage. This final distribution is known as the “proof-of-stake led consensus chain mechanism” (PoS). That’s right: blockchains can be used for everything from digital asset storage to trustless digital voting to smar...