Q. What is blockchain´s future?
pom3lovec

Cryptocurrency geek


What is blockchain´s future?


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Jun, 2018

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  • lewis-h

    Blockchain will help keep that data secure and audit each and every step in the decision-making process, enabling sharper insights driven by data that network participants trust.
    Besides, blockchain will allow smart devices to make automated micro-transactions. Due to its distributed nature, blockchain will conduct transactions faster and cheaper. To enable transferring money or data, IoT devices will leverage smart contracts which will be considered as the agreement between the two parties.


       

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Asked in Category

Cryptocurrency

Cryptocurrency is a secure, trustful and transparent digital currency which can neither be counterfeited nor be reversed arbitrarily by the sender. It eliminates the necessity of a third party involvement for the exchange, as it is encrypted and peer-to-peer virtual currency. For those who prefer non-disclosure and privacy, cryptocurrency is the solution. The use of this kind of virtual currency prevents any kind of identity theft. The concept of cryptocurrency has given birth to reliable e-cash.

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