Blockchain Technology’s Rise and its Foreseeable Impacts

Hacker Noon June 20, 2022
Abdul Majid Qureshi

From banking and secure communications to healthcare and ridesharing, blockchain technology will significantly affect our future. To comprehend how blockchain will transform the world, you must first comprehend how it operates.

Have you ever purchased fair trade-labeled coffee or produce? How can you rely on this data? What about meeting someone through a dating website? How do you know they are the 35-year-old entrepreneur of a startup and wakeboarder they claim to be?

Today’s society is rife with ambiguity and trust difficulties, and for a good reason. To ensure that your purchase that your date is who they claim to be, you would need a system with high security where records are saved and facts are checked by several witnesses...

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