Power of the Blockchain

The technological infrastructure is in the process of changing and blockchain technology will become the heart of the infrastructure. A blockchain is a distributed database or ledger shared among a computer network’s nodes. Blockchains are best known for their crucial role in cryptographic systems for maintaining a secure and decentralized record of transactions, but they are not limited to cryptocurrency uses. Blockchains can be used to make data in any industry immutable meaning it can not be rendered nor changed.  Blockchains are fast immutable and transparent which will allow people, corporations, and businesses to have complete ownership over their data … Blockchain will also enable smart contract functionality which will automate transactions since everything is written in code.. The benefits and solutions blockchains will provide are endless, thus this will revolutionize all industries ultimately playing as the foundation for Web 3 and this technology.