Blockchain Simplified

[teebosie]

To fully appreciate the blockchain technology, I will provide a simple context which will describe how anything of value can be tracked and traded virtually using a blockchain network.

Recording transactions and tracking assets have been made cost effective and secure using a shared, distributed ledger known as Blockchain. Tangible assets like land, car, money, land, etc and Intangible assets like patents, intellectual property, branding or copyrights can be traded on blockchain thereby cutting cost and reducing risk.

The blockchain technology is empowering and cannot be stopped by anyone. It is a technology where individuals have complete control and power over their own assets. You will not find information or talk shows on blockchain and how it empowers individuals. This is because the real gold mine is hidden among programmers on Steemit, Github, Reddit, Twitter, Medium and Gitter.

Programmers who have a complete understanding on how to start a blockchain company are quitting their jobs and diving into the reinvent industry. While we may hear of scams and failed systems, I strongly believe that blockchain technology is the future of commerce, governments and civilization.

Comments

[tatyanablog]

Great article! I learned a lot of cognitive. You are interesting to describe everything, I hope to have a friendship with you to get more information.

[steemsociety]

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[azsumbok]

welcome to steem

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Welcome to Steem, @teebosie!

I am a bot coded by the SteemPlus team to help you make the best of your experience on the Steem Blockchain!
SteemPlus is a Chrome, Opera and Firefox extension that adds tons of features on Steemit.
It helps you see the real value of your account, who mentionned you, the value of the votes received, a filtered and sorted feed and much more! All of this in a fast and secure way.
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Please give me a follow and I will give you a follow in return!

Please also take a moment to read this post regarding bad behavior on Steemit.✅ @teebosie, I gave you an upvote on your first post!

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I wish you much success and hope you find Steemit to be as rewarding and informative as I have.

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Oh yea, I have upvoted you and followed you. Many blessings!

Welcome to Steemit @teebosie!

[tuanis]

Upvote this comment to keep helping more new steemians
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