What began as the basis of cryptocurrencies such as Bitcoin, blockchain technology essentially a virtual ledger capable of recording and verifying a high volume of digital transactions is now spreading across a wave of industries. Blockchain tech has gone far beyond its beginnings in banking and cryptocurrency: Annual global spending on blockchain applications has almost tripled since 2017.
What began as the basis of cryptocurrencies such as Bitcoin, blockchain technology essentially a virtual ledger capable of recording and verifying a high volume of digital transactions is now spreading across a wave of industries.
Here, it is following the continuing of the companies which are using blockchain to drive greater transparency and veracity across the digital information ecosystem.
Blockchain tech goes far past its banking and cryptocurrency beginnings: Annual worldwide budgets for blockchain implementations almost tripled after 2017.
What began as the basis of cryptocurrencies such as Bitcoin, blockchain technology essentially a virtual ledger capable of recording and verifying a high volume of digital transactions is now spreading across a wave of industries. Blockchain tech has gone far beyond its beginnings in banking and cryptocurrency: Annual global spending on blockchain applications has almost tripled since 2017.
What began as the basis of cryptocurrencies such as Bitcoin, blockchain technology essentially a virtual ledger capable of recording and verifying a high volume of digital transactions is now spreading across a wave of industries. Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, making it resistant to fraud.