This video on Future of Blockchain covers all the expectations and sceptism related to What is the future of Blockchain Technology. We all know last year was a year filled with ups and downs for cryptocurrency, yet there were some popular upgrades taking place like the Ethereum merge and origin of ethereum 2.0. Likewise, This video will give you an idea of what Blockchain Technology has achieved till date and what other projects and investments are waiting for Blockchain Technology in coming years and how it is going to effect multiple sectors of technolgy like cybersecurity, cloud storage etc. By the end of this video I can assure you that all your doubts related to Blockchain Technology and its status in upcoming years will be cleared.
In this video, you will learn:
00:00 Introduction to Blockchain Technology
01:36 What Is Blockchain Technology?
02:37 Advancements of Blockchain Technology Till Today
03:38 Future of Blockchain
07:31 Expectations With Blockchain Technology
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What is Blockchain?
Blockchain is a decentralized, immutable database that makes it easier to track assets and record transactions in a corporate network. An asset may be physical (such as a home, car, money, or land) or intangible (intellectual property, patents, copyrights, branding). On a blockchain network, practically anything of value may be recorded and traded, lowering risk and increasing efficiency for all parties.
Information drives commerce. The better, the faster it comes in and the more precise it is. Because it offers immediate, shareable, and fully transparent data that is kept on an immutable ledger and accessible only by users of a permissioned network, blockchain is the best technology for delivering such information.
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About Simplilearn Blockchain Certification Training:
Simplilearn’s Blockchain Certification Training has been designed for developers who want to decipher the global craze surrounding Blockchain, Bitcoin and cryptocurrencies. You’ll learn the core structure and technical mechanisms of Bitcoin, Ethereum, Hyperledger and Multichain Blockchain platforms, use the latest tools to build Blockchain applications, set up your own private Blockchain, deploy smart contracts on Ethereum and gain practical experience with real-world projects.
Why learn Blockchain?
Blockchain technology is the brainchild of Satoshi Nakamoto, which enables digital information to be distributed. A network of computing nodes makes up the Blockchain. Durability, robustness, success rate, transparency, incorruptibility are some of the enticing characteristics of Blockchain. By design, Blockchain is a decentralized technology which is used by a global network of the computer to manage Bitcoin transactions easily. Many new business applications will result in the usage of Blockchain such as Crowdfunding, smart contracts, supply chain auditing, Internet of Things(IoT), etc.
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