You are viewing a single comment's thread from:

RE: Steemit Crypto Academy Contest / S8W1 - The Importance Of Blockchain Technology

Hii @jasminemary

Thanks for sharing your quality blog. I appreciate your efforts in creating this article. You have explained well about some issues in the implementation of the and Technology. These are scalability security and energy consumption issues if these issues are resolved the blockchainTechnology will move towards more betterment.you have rightly explained about the key features of Blockchain technology such as immutability, non corrupted technology etc.

Immutability is the key features of the blockchain technology it ensures the no change in the transaction or no involvement of third party. You have also explained about the advanced and really impressive method of verifications that is Zero-knowledge proof.

It is used in many apps or websites to get acess to their data after authentication.No personal information is required for this authentication.

At last you have explained well about the advantages and disadvantages of the technology.

Another advantage of blockchain technology is that you can lend or borrow funds without the involvement of any financial institutions.

I agreed with you no third party involvement enhance the users trust.It is a major advantage of the blockchain.

Thanks for sharing your content.I appreciate your efforts.

Good luck for the contest.

Sort:  
 2 years ago 

I appreciate your support my dear friend.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 58088.10
ETH 2353.31
USDT 1.00
SBD 2.44