Blockchain Technology

In this era, huge amount of money is being made daily on the internet!

Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. A blockchain database stores data in blocks that are linked together in a chain.

It is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network. An asset can be tangible (a house, car, cash, land) or intangible (intellectual property, patents, copyrights, branding, cryptocurrency).

This technology has made it possible for the creation of cryptocurrencies which are the digital currencies traded on the internet space without the need of a middle man. Unlike the traditional banking system, cryptocurrencies are built with blockchain technology and the transactions doesn't need a middleman, immutable and trustworthy. One of the cryptocurrency you can trade is bitcoin.

Blockchain technology has gained so much attention and many businesses are starting to incorporate this technology into their businesses. Opportunities like trading cryptocurrencies,Web3.0 and NFTs are made possible with blockchain technology.

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