Blockchain is a Disruptive technology that has shown drastic changes in the industry. This is a vast technology which is still in the growing phase and is widely used in various industries. It is a decentralized distributed database of immutable records.
This trendiest technology is the best option due to the following advantages:
- No chances of fraudulent activity- Blockchain are public and an open source ledger. Nodes verify every transaction this alone makes it impossible for fraudulent activities to take place.
- Transactions are cheap- Blockchain transaction is made between two parties and since there is no Central Authority there is no requirement for fees and charges.
- Swift and smooth transaction- The online system of transaction that Blockchain is ensured a fast and smooth transaction. They are known to be 10 times faster than other modes of transaction.
- No central authority involved- There exit no central authority that takes care of the network. It is user-controlled and driven by a stringent mechanism which makes it all the more safe and secure.
Becoming a Certified Blockchain Expert and learning this fairly new technology will help ease the trouble. Exploring and learning new concepts are some of the interesting factors. The only issue is people don’t know where to initiate the learning from. Learning the basics is a must. Blockchain is a vast sea of options and when you plan on venturing into this sea you must know the depth of the sea. You definitely can swim if you have the right skill.