What is the blockchain?

in #blockchain7 years ago (edited)

In 2017, the blockchain has become the subject of scientific interest, when in Toronto opened the first research Institute of the blockchain. About 30 leading experts started to develop various projects related to this technology.

Blockchain is a secure way to store data about transactions, contracts, transactions, all that you need to write and test. Today, the blockchain has reached almost all spheres of life, is ready to fundamentally change the financial system of the state and significantly simplify the work of medium and large businesses. The blockchain is not a secret technology of a huge number of articles on how it works and on what principle does. I have tried to collect the most interesting and useful facts on this subject.

This technology started to gain attention in 2008. At first, the blockchain was associated only with the cryptocurrency Bitcoin. But some time to see his versatility and a great opportunity.