Blockchain news: Blockchain Technology is the most disruptive technology since the Internet. It is the technology that everybody is talking about, but few know how and why it works. It has the power to change the world, to the extent that big entrepreneurs and blockchain experts are predicting that blockchain will be a main layer of society like the Internet currently is. Blockchain can remove third parties, increase security, make data permanent, improve consensus of peer-to-peer and many more. Blockchain technology can decentralize systems, decrease corruption and many big corporate names, as well as many governments are actively investing in the development of blockchain technology. The fight for blockchain patents is fierce and with the rate of Blockchain’s development, it will come a time soon, when not using Blockchain technology will not be practical.
The virtual currency has arrived at a new record high crossing the $8000 barrier. Just some weeks ago the cryptocurrency passed $7000 dollars surprising everyone in the community. The Cryptocurrency has spiked up to $8022 in Poloniex Exchange just some hours ago.
The Commercial Customs Operations Advisory Committee (COAC) is investing in Blockchain development for potential use to trade processing. The COAC is an advisory committee to the U.S. Customs and Border Protection (CBP).
Blockchain technology is revolutionizing the world. Business and Governments are realizing about the advantages of Blockchain. In this way, this technology is spreading through the world and in different fields.
If you believe that blockchain technology can only be used for cryptocurrency and banking operations, then you are wrong. Blockchain technology is growing in many different aspects in life. Business, Education, Health or Financial Services are some of the fields in which Blockchain technology can grow and develop solutions.