Get to know Blockchain, the Predicted Most Influential Technology in the Future

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Its emergence is not exactly new but it has been a trend for the emergence of blockchain so far. Previously, blockchain technology was initiated by someone on the internet who is widely known as Satoshi Nakamoto in 2008, this is the biggest discovery since the advent of the internet.

In a webinar !Talk Inspiring Talk held by BINUS UNIVERSITY in November 2020, the speakers explained a lot about things related to blockchain, starting from the introduction of blockchain to the stage of its development in Indonesia for the future.

Oham Dunggio is the invited resource person to explain this, he is (Chairman of the Indonesian Blockchain Association) and Andre Jenie (Senior Cloud Architect at Amazon Web Services). while the moderator in this webinar is Dr. Meyliana S.Kom, MM (Vice Rector Global Employability & Entrepreneurship) from BINUS.

What is Blockchain?

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Oham Dunggio revealed some facts about the introduction of blockchain. According to Oham Dunggio, blockchain technology cannot be separated from internet technology that is commonly used today

since 35 years ago the discovery of the internet initially operated on a decentralized network (decentralized network), at first the internet was used for the needs and interests of the United States but for now it will be focused on decentralization.

Paypal is the largest payment service on the internet, it is often used as a blockchain technology as well as bitcoin as a transaction tool. The blockchain itself functions as a distributed ledger technology, this allows technology like this to transfer data peer to peer, by distributing the data base to one point, without an intermediary server

When viewed in simple terms, the difference between the system used on the internet and the blockchain system can be described as follows. ZOOM broadcasts, which currently utilize a centralized network, must use a server located in Singapore, and then broadcast to all connected devices. Data exchange occurs at one point on the server.

if ZOOM uses blockchain technology, the way the data is distributed will be slightly different from the previous one. ZOOM broadcasts will be directly directed to each device because the device already has its own server. So, this is the broadcast moving from one device to another directly.

That's all friends, an information and blockchain development, hopefully what I describe will be very useful

REGARDS
@sallamah