The purpose of blockchain is to allow digital information to be written and distributed, but not edited. Thus, blockchain is the basis for immutable ledgers or transaction records that cannot be changed, deleted or destroyed. Therefore, blockchains are also known as distributed ledger technology (DLT). Blockchain is a self-sufficient, yet extremely open structure and no…
Posted On by Robert Hatch
Imagine being your own bank. You don’t need permission to access your accounts, and you don’t have to worry about funds being frozen or manipulated. You can send money directly to someone without a bank involved – it takes you seconds instead of days, and you won’t have to pay multiple bank fees. Think about…