The prominent form of the tech today is use of the blockchain and crypto currency is something, which goes together with this. Thus, here are some important things that you need to know when using blockchain technology.
Blockchain is also named as internet of value; many people like Vignesh Sundaresan Singapore entrepreneur are behind such concepts. The blockchain wasn’t something that many people knew about quite recently when the bitcoin made the headlines recently. It’s actually something, which we can real time ledger since it helps us to keep proper track of many financial processes like physical assets transactions; or more. There’s no one that will actually interfere with blockchain, which you own besides yourself and this is what makes them secure.
How will it be used?
At times it’s said that something just like blockchain can be used only with the concepts like the bitcoin but it isn’t at all true! Blockchain is something that you may use in many different ways and will be included in different types of the industrial work as well as business processes. Thus, if you’re trying hard to make good use of the modern technological concepts like this, you have to make sure you know how you can make best from it! Use of the blockchain technology may always improve your industries in a lot of ways. On the other hand, Vignesh is a Founder of Lendroid and a blockchain entrepreneur, and YCombinator alumnus. He got his Bachelor’s degree from the BITS Pilani, Dubai & Master of Entrepreneurship in Carleton University, Ottawa, and he also co-founded Bitaccess that creates avenues – which includes physical kiosks – for buying & selling bitcoin.