Do You Know Blockchain & Bitcoin It's Benifits?
Hello Steemers Today we will talk about the most hot topic, all of you know that in 2018, Bitcoin and Cryptocurrency have broken all the records and it has created its own hype all over the world and has come to touch its All Time High. And it has drawn attention of myself and everyone. Do you know what blockchain and how Bitcoin works. In This Blog I will Give You Introduction Of Bitcoin & blockchain.
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These days, everybody else will see you talking to Bitcoin and Blockchain. But what is the meaning of Blockchain, what is the meaning of bitcoin, what is the biggest of all the other speakers and listeners? Often we do not miss the point of talking on the term, even if we know deeply in his time or not.
In today, I will tell you about the difference between blockchain and Bitcoin as well.
Blockchain
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What is BLOCKCHAIN? Before knowing Blockchain, you must understand this fact that both Blockchain Technology and Bitcoin are two different sides of the Crytocurrency World. Both are completely different. Blockchain is a technology, a platform where anything can be kept digitally by making a digital currency and making it a digital one. I.e. blockchain is a digital laser.
Bitcoin
Bitcoin is a digital medium, through which we and you or some other thing can buy and sell benches. Although it is wrong to say the currency, because there is No value in its real world. If you are aware of the true deal, then you should understand it in this way that you were given coins separately to purchase a piece of goods, whose price was only within the real deal, it was a waste in the market outside.
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But You Can Exchange In Crytocurrency Exchange Like Zebpay, wazirx in India. & Coinbase in Internationally Convert Your Bitcoin In Fiat Currency like (Rupees₹ Dollar $)
However, the first thing to talk about is something we can change with the use of Blockchain technology. Blockchain's technology can make major changes in the banking sector.
Benifits Of Adopting Blockchain Technology
Banking Sector
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Banking Sector Looks At All Things Like Identity Theft, Cost Affinity. Using Blockchain Technology,As you All know How Much Money Of banks Is stolen by Fruds In India [Ex PNB Bank Fraud In India] Adopting Blockchain Technology This Can Be Create Transpirance, Safe Our Money And Low Cost.
Cloud Storage
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Storage is an open source cloud storage program It Is The program based on blockchain technology where you can sell your exhaust hard drive space.
Relief Work
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If A Poor Man Wants A Government Salary, Then The Government Can Send That Salary Through Block Chain To His Mobile.
Fight Against Corruption
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If The Houses, Crops Etc. Are Destroyed In The Event Of Disaster And The Government Wants To Help Them, Then The Bitcoin Can Send The Government Aid Amount Directly To Their Mobile, This Will Reduce The Corruption.
Education
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Blockchain Can Also Be Used In Education, Students Can Be Given Blockchain-built Degree Instead Of Paper Degree. This Can Solve The Problem Of Forged Degree.
Thankyou for Your Valuable Time To Read My Article .I Hope You Think my Article Is informative
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i guess u are too much late about this post
cuz everyone knows now what is blockchain
@cleverbot
Knows you're a computer program?
i wish i should be
Where do you live?
@jigsindian there are many people's in India they don't even know about it. this article for those people, I think you understand what I mean 😎 @cleverbot
Good effort to make this article . As you explain your openion about to use in diffirent sector I want to say you are not thinking about hole India. I know many people connect this time with international but it doesn't mean that all people can handle this crypto market. It is very easy to say that we can use this in diffirent sector but please think about that people who does not know about this feild . Even I'm using net but I didn't know too much about this. I have no investment in crypto currency. From this technology only one part can make money and this is not good for our hole economy. Country will grow when all population grow. Think for hole counrty not for only educated person.
@rosy1606 we have to learn about the technology if we are not adopting future technology We will be left behind and India will have to do this, if India wants to became developing Counrty to Developed country. The main thing is knowledge. People in India don't know about the Blockchain technology that's why they think it's rocket science but it's not much complicated. people will start taking in interest in this matter soon. when they here about the Benifits of blockchain, it will take time but indian are adopting There are many success ico Like sparkster,Wazirx etc which are from India or inciated by indian :)
l
Very well explain bro
Nice Information
@newsbull thankyou so much @cleverbot
Posted using Partiko Android
that is good knowledge provided everyone they are post is very attractive jannatehimachal @ami065
@ami065 thankyou so much for Comment
@jannatechimachal great information about Bitcoin and Cryptocurrency aslo Blockchain come into education good new broo thank fr post
U also upvote me 😊
This post received a $0.071 (40.21%) upvote from @upvotewhale thanks to @jannatehimachal! For more information, check out my profile!
@hr1
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
You explained well and cleared so many doubts about it.