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Blockchain Technology

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Blockchain is a public ledger or a distributed database of all bitcoin transactions. It is a open source technology and anyone can access the details at anytime. – PowerPoint PPT presentation

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Title: Blockchain Technology


1
Blockchain Technology
  • www.bitdeal.net

2
Introduction
  • Blockchain is a public ledger or a distributed
    database of all bitcoin transactions. It is a
    open source technology and anyone can access the
    details at anytime. The unique feature of the
    blockchain technology is that, the digital
    transactions and information are immutable. As
    it is a distributed ledger, there will be no
    control or central authority of records stored.

3
Blockchain Technology
  • Then
  • In the beginning, blockchain is used as a bitcoin
    transaction data ledger. As this blockchain
    technology is introduced for the bitcoins. Thus,
    blockchain was only used as decentralized bitcoin
    ledger alone.

4
  • Now
  • Actually Blockchain is a public ledger technology
    that follows concept of decentralization.But,in
    recent days based on the usage of Blockchain
    technology, it is also customized as a private
    ledger technology.
  • For instant , Blockchain is used by many
    organization for their internal uses and the
    stored data can be managed by providing
    permissions to only authorized persons.This way
    of use of blockchain technology is named as
    private blockchain.

5
  • Future
  • Today, blockchain is the technology that is
    spearheading the momentum of democracy and
    decentralization in online world.
  • Web 3.0 is the future of internet. The main
    difference between web 1.0, web 2.0 and web 3.0
    is, web 1.0 and 2.0 are centralized whereas the
    future web 3.0 is going to be decentralized and
    secure. Web 3.0 blockchain stack is designed to
    be decentralized and the information will not be
    owned by any entity. Blockchain is being familiar
    among more people and is the latest trend today.

6
Predictions
  • The space of blockchain technology is expected to
    grow by about 43 by the end of 2020.
  • LinkedIn information shows that 300 of
    blockchain-related jobs will grew up by end of
    2019
  • The global spending on blockchain in 2019 alone
    amounted to 2.1 billion.
  • The number of startups that work on or adopt
    blockchain has been steadily growing and have a
    combined valuation of over 4.4 billion.

7
Bitdeal
  • Bitdeal is a best blockchain development
    company,that provides you all blockchain related
    services with 24 X 7 support. so as to increase
    your bitcoin related online business for your
    decentralized blockchain development
    services,contact Bitdeal.
  • Get a Free Consultation from Bitdeal's
    Blockchain Experts Now !!!
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