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It's All About Blockchain (not Bitcoin)

It's All About Blockchain (not Bitcoin)

IMAGE CREDIT -  INSIGHT SUCCESS

IMAGE CREDIT - INSIGHT SUCCESS

Years from now when today's popular discussion of bitcoin and cryptocurrencies has faded, blockchain and its revolutionary applications will remain strong.

Blockchain is a unique database ledger system that involves data entries and updates accessible to multiple parties, but without the ability to be changed therefore making them 'final'.  There is no need for a 3rd party to manage or supervise the platform, as the blockchain can stand true and update in real-time.  This in turn creates a sense of trust, and saves time and other resources, which is a huge factor for industries like healthcare, banking, and logistics.

The future implications are also immense on employees that work in back-office or record-keeping functions, as the technology would replace the need for this type of white-collar staff.

Full article on CNBC

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