Article
BLOCKCHAIN - What is it?
When it comes to sending money online, people need a third party to help them make that transaction, like online banks and financial apps. But Blockchain it’s different. It allows people to send money in a safer, efficient and more transparent way. Blockchain copies actions and creates a record that can be seen by the community. They record the exact time and place where the action happened. Hackers can’t change the actions due to complex algorithms, thus making it safer. By using cryptocurrency and math, it is an open database where people can sell any value like money and other goods. Public blockchains allow people to add information. This can be controlled by a person or company.
January 11, 2022
August 5, 2024
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