Blockchain gained recognition primarily as the underlying technology for the popular cryptocurrency, bitcoin. The concept of blockchain revolves around a decentralized and transparent ledger system, where transactions are recorded and verified by multiple participants in a network. This technology provides a secure and immutable record of transactions, making it highly resistant to tampering or fraud. Beyond its association with bitcoin, blockchain has also found applications in various industries, such as finance, supply chain management, and healthcare. The potential of blockchain lies in its ability to enhance transparency, efficiency, and trust in digital transactions, making it a promising technology for the future.
HomeDIGITAL ASSETS REGULATORYbis_asset_updateExploring the Potential and Hurdles of Blockchain Technology with Carl-Ludwig Thiele