As we all know that Blockchain is one of the promising new tech for the future allow me to describe it in few words to those who still don't know what it means.
So what is blockchain?
In simple words, blockchain is an ever-growing list of “blocks”, which are records that are linked to each other and secured using crypto.
Think of it in this way, a world where swapping information, goods and different forms of value is frictionless: few mediators will be left, both in terms of individuals and institutions, bureaucratic boundaries will be minimised and exchange speeds will be unthinkably swift.
AS i said it in the title above , it will be a part of almost every business in a span of 3 years from now. Even all the people who don’t know about this technology will have to adopt to it (just like internet in 90’s) because it will be an integral part of any business we do.
New platforms have been created
Just like the email introduced to the people who were there in 90s to the power of the internet, Bitcoin has made us familiar with the capabilities of blockchain. While there is no other competitor of the WWW yet, blockchain sure has new players around it. To name one, let’s consider ouer steem platform.
What annoys me is that,80% of the World doesn't realize the power of the Blockchain. Many of the greatest ideas haven't even been thought up yet. The Google of Blockchain might not even be part of our world yet. It might only be an idea in the next greatest innovator's eye!
Blockcahin is like robots.
Blockchain also has the potential to occupy many jobs. But where robots often occupy the jobs of low-skilled workers, blockchain has the potential to take over the jobs of highly skilled people. The best way to protect yourself against it is to learn how blockchain works. Do you really want to get rich with blockchain, you can invest better in your own skills than in crypto coins. Blockchain certainly has a future, this can not be said
blockchain is theme of great matter.
Everything will change with use of blockchain, guys are making great and complicated projects based on this, which will change our everyday life. I saw for example ContractVault project, they are making smart contracts and so, so they are practically becoming public notaries, as I see that. That's revolution in legal system, and there are also a lot of other projects which will make revolution in every part of our life
Thats why i conclude by saying that Blockchain should be open. Rules of the game should be open to all - without any reservations. Everyone should be able to join the network at any level.
Everyone should be able to use the network in accordance with its rules. Everyone should be able to create their own client implementation of open protocol. I'm glad that our @Ugandan gov't has understood this and the usefulness of the Blockchain Technology so there has been lots of events coming up for educating and bringing the technology successfully in our towns and cities.
Let's change the world together.