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Michael2017-02-22 19:24:07
Cryptography
Michael, 2017-02-22 19:24:07

How can blockchain technology be used besides cryptocurrency mining?

More and more often I see the mention of the word "blockchain" in conjunction with the words "business development, revolution, new horizons", etc.
My understanding of blockchain: decentralized creation of cryptocurrencies, a la bitcoin.
Can blockchain technology be used for anything other than cryptocurrency mining? If not, then all these "revolutions" are the presentation of their own cryptocurrency? Why is there such a huge interest in cryptocurrencies now, if many banks and states are "afraid of bitcoin" and prohibit it?

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3 answer(s)
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longclaps, 2017-02-22
@SkyPhantasm

google: understanding blockchain .

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Vitaly Green, 2019-02-14
@BTCINDEX

Several main industries in which blockchain technology can be used https://btcindex.ru/blog/useblockchain

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Sergey, 2019-03-09
@iOSMiddleDev

It is also used as a source for confirming the authenticity of data and transactions.
Also in the financial sector, tokens / coins are used, instead of constantly using cross-border payments.
This concept is also called asset tokenization. For example, MasterCard is already testing such solutions. Details: https://bloomchain.ru/ico/tokenizatsiya-aktivov-ra...

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