Blockchain Project Process

Step-by-step guidance for the success

You’ve probably heard about the technology behind cryptocurrencies, which have been gaining popularity lately. Cryptocurrencies are one of the application areas of blockchain technology. So, what is blockchain technology in short?

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. Blockchains can serve as an open, distributed ledger. It can record the transactions between the two parties in a verifiable and permanent way. A peer-to-peer network monitors a blockchain collectively adhering to a protocol for validating new blocks for use as a distributed ledger. Once recorded, the data in given blocks cannot be changed retroactively without the alteration of all subsequent blocks, requiring the agreement of the network majority.

Why do we want to learn this technology and the development process? Because there have been many attempts to create digital money in the past, but they have consistently failed, bitcoin is NOT and is not expected. Therefore it enlarges its popularity each day, and both existing companies and startup’s looking for…