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Blockchain - Implementation and possible changes in our daily life

When we embark on the crypto journey, one of the words we most encounter is: blockchain. And because it is a new term many of us do not know exactly what it is. But we know that there is a great potential for change in it. What kind of changes can happen in our daily lives once the blockchain technology is implemented in other sectors?

To understand the changes first we have to ask: Why do we need Blockchain? Franklyn Richards, director of Litecoin foundation answered this question for us in the video Blockchain: Killer apps. I then sumarize some of his points in the video and complement with my own thoughts of how blockchain implementation will effect our ordinary lives.

The blockchain itself is not very effective, it is slower than many features that already exist. This is due to the necessary consensus among all members of the network. People who are scattered around the world and who are part of a certain network have to join in and agree on the state of what is happening at the mom…

Saiba porque a Verasity será o próximo aplicativo de sucesso popular

Find my articles now at Alt-coin Magazine. YAY!

My art in the blockchain with CREARY

Meu primeiro pagamento do navegador Brave - Moedas BAT que recebi em maio

My first Brave Browser Payout - BAT tokens received in May

The Importance of Emotional Intelligence in the Financial Market

Bora trocar moedas de Airdrop! Let's exchange some Airdrop coins!

Developers Specialized in blockchain tecnology get the best salaries

Especialistas de tecnologia blockchain recebem os melhores salários de desenvolvedores

Popular Posts

Blockchain - Implementation and possible changes in our daily life

My first Brave Browser Payout - BAT tokens received in May

Find my articles now at Alt-coin Magazine. YAY!

Developers Specialized in blockchain tecnology get the best salaries