To answer how blockchain will affect our future It is important to know what blockchain
technology is and how it works. Blockchain has been created for the safe and secure storage,
management and use of precious and valuable data on our behalf. While it does this, unlike
existing security systems it creates a cost-free and fast solution without the need for
intermediate institutions also blockchain is extremely transparent. We said precious data, what
kind of data are we talking about? Money, valuable documents, perhaps the votes we use in
local elections and more. Even the votes we use can be captured with the blockchain system and
remain much more secure and confidential than today's systems. Now I'm slowly getting into the
subject, the future of technology.
Blockchain offers us privacy and security. These are the two concepts we need most in the 21st
century when technology has developed rapidly. This technology, which will be used in almost
every existing system, will probably be used again in most financial institutions because it
reduces cost while increasing the speed without the intermediary institutions. Considering the
transaction fees you pay when you send or withdraw money through banks, it can be really
annoying amounts.
There is no other use of blockchain? As a matter of fact, companies like IBM and Walmart use
this system to detect microbes. They have access to toxic food and its resources through the
supply chain and trading information held in common books. As we have said before, the
blockchain can hold all sorts of precious things for us, including our health.
Finance, health and lastly there is another sector that I want to give an example. Global Miles
offering a separate mile program from banks and airlines and it serves customers with
blockchain infrastructure for a long time. Instead of negotiating with banks and integrating the
systems of banks into all airlines, it saves us from this cost and keeps our miles from being lost in
the event of a server or bank sink.
All of this shows how much the blockchain infrastructure has been in use and how it will
continue to expand. Maybe future tax losses will also be avoided because everything will be
transparent, maybe this infrastructure will be used in all hospitals. Usage area is unlimited, for
example; military, education, health, finance ...
As a result, our world in which everything is digital is now looking for the way of getting rid of
the commissioners and that is blockchain.
Hey, Do you think its worth it to HODL Bitcoin at the moment? Followed you too