How blockchain is evolving
The blockchain is well known for enabling digital currencies. Although cryptocurrencies like Bitcoin have the lion’s share of media attention, there is another revolutionary possibility inherent in blockchain technology: secure, decentralized data processing.Don’t let the dull wording dent your enthusiasm. Newer blockchain systems propose to create a global, distributed Turing machine upon which a whole new layer of interaction and processing could take place on the internet, essentially wresting control of data away from centralized authorities and giving it back to users.To read this article in full, please click here
The blockchain is well known for enabling digital currencies. Although cryptocurrencies like Bitcoin have the lion’s share of media attention, there is another revolutionary possibility inherent in blockchain technology: secure, decentralized data processing.
Don’t let the dull wording dent your enthusiasm. Newer blockchain systems propose to create a global, distributed Turing machine upon which a whole new layer of interaction and processing could take place on the internet, essentially wresting control of data away from centralized authorities and giving it back to users.