Blockchain Explained | What is Blockchain? | Blockchain Technology [Updated 2023]
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Blockchain Explained | What is Blockchain? | Blockchain Technology [Updated 2023]
Blockchain Explained | What is Blockchain? | Blockchain Technology Everything you need to know! Blockchain is a decentralized digital ledger that records transactions in a secure and transparent way. It is the underlying technology that powers cryptocurrencies like Bitcoin and Ethereum. Each block in the blockchain contains a record of several ...
19.3K viewsMay 19, 2023
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Bitcoin is a so-called crypto currency. A better word is crypto asset since actually it is so far not clear if it is a currency. One of the key use cases is transferring money worldwide with low transactions costs. Nowadays, if you transfer 1000 EUR from Germany to Indonesia, you do not know when the money arrives in Indonesia and you do not know how much arrives. The reasons for this are complex processes between international banks which cost time and fees. So you send 1000 EUR from Germany to
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