What is blockchain and why is it needed! Subscribe to me and let's get started!

And we’ll start with the simplest thing right now!

#Блокчейн is a technology that allows you to store data in a distributed registry that is protected from changes. This means that data can be accessed and accessed by anyone who has access to the network, but it cannot be changed or deleted without the consent of everyone on the network.

Blockchain can be used in traditional technologies to improve efficiency, security and transparency. For example, it can be used for:

- Supply Chain Improvement: Blockchain can be used to track the movement of goods through the supply chain. This can help businesses reduce costs, improve efficiency and provide transparency.

- Improving asset management: Blockchain can be used to track the ownership of assets such as real estate and works of art. This can help businesses protect their assets and ensure their legitimacy.

- Improved identity management: Blockchain can be used to create digital identities that are secure and reliable. This can help businesses fight fraud and keep their customers safe

In my subsequent posts, I will talk more specifically about different blockchains!