JCN.XXX

JOIN THIS PROMISING ADULT ICO TODAY AND BE PART OF A HIGHLY PROFITABLE ONLINE 18+ ENTERTAINMENT INDUSTRY

JCN News

18 crypto token

Blockchain technology the new next thing

Everyone knows the hype from Bitcoin but not everyone knows the technology behind it and how it will affect our way of life in a positive way. It might not look that different from things you’re familiar with but it definitely does.

Blockchain technology offers a way for untrusted parties to reach agreement (consensus) on a common digital history.

A common digital history is important because digital assets and transactions are in theory easily faked and/or duplicated. Blockchain technology solves this problem without using a trusted intermediary.

DOES BLOCKCHAIN MAKE SENSE?

Blockchain could be used to establish ownership over any number of physical assets like cars, art, musical instruments, and so on. Let’s think about why this makes sense.

A paper record of title is prone to forgery and/or physical degradation. Centralized databases are prone to hacking, human error, and/or tampering. A blockchain means there is no single entity controlling the ledger.

Therefore, recording physical assets on a blockchain is a prime example of where the technology might come in handy to track ownership with a tamper proof, neutral, and resilient system.

Blockchain technology might present a better means of establishing identity. Instead of a state or government issuing it, identity could be verified on an open, global blockchain controlled by nobody and trusted by everybody. Users could control their own identity.

FUTURE OF BLOCKCHAIN?

Bitcoin and the raise from Alt Coins are basically the first implementation from blockchain technology. In the near future you will see blockchain powered applications that offer decentralized solutions.

You might think of the way how your mobile phone operates, security systems, software applications and much more. Blockchain technology is in fact Internet 3.0

This all is just the start of a new beginning. Still, the online industry continues to grow as more and more people become aware of the phenomenon.

THE FOLLOWING SITES WILL ACCEPT JCN


Powered by Ctrl Venture SRO