Block Chain Technology is an emerging science in Information Technology and typically it will be used as tool of encrypting data.Kindly you are requested to share some valid references in this field that is applicable as an executable technique to implement it through computer scientists , software developers and IT specialists.
Also , i have predicted some of light features of this technology for the future and i think its not farfetched.I would be appreciated from Startup managers to share ideas and opinions in order to extend it.
Accordingly,I will update new trends about this new emerging technology. All your favors will be acknowledged.
Received from :
https://blog.advaoptical.com/en/does-blockchain-have-a-role-in-telecommunications
A blockchain is a peer-to-peer distributed ledger (information recorded in a shared database) that enables open and trusted exchanges over the internet without using central servers or an independent trusted authority. Using consensus, a shared record is distributed to all participants in a network to validate transactions and remove the need for a third-party intermediary. In short, blockchains facilitate transparent, verifiable, and secure digital asset transactions with both proof of rights and ownership.
Blockchain has its origins in the secure exchange of digital currency – such as Bitcoin – but its applicability is extending far beyond digital payments and into a number of different industries including financial, healthcare, government and even telecommunications. In fact the number of use cases for blockchain is actually quite astounding:
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