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Blockchain technology is probably one of the most impactful discoveries in the recent history. After all, it has a massive potential to change how we handle online transactions. Despite some skeptics, the majority of experts agree that blockchain has the potential to disrupt the banking and financial industry, and many other ones!
But what is this technology exactly? We at BitFortune.net will try to explain that in Layman’s terms, as well as provide you with insights into how different industries can benefit from blockchain.
To put it simply, blockchain enables decentralized transactions across a P2P network. There is no need for a middleman, resulting in almost instantaneous operations and most importantly, low fees. Plus, transactions carried out through a blockchain are much more secure, transparent, and private.
As mentioned earlier, different industries will have different benefits from implementing blockchain technology, and that is what this infographic is all about. For example, the banking sector will get faster transactions, lower costs, improved security, and better record keeping. Also, the blockchain technology can improve electronic voting systems. With this technology integrated into a voting system, governments won’t be able to tamper with votes because blockchain creates publicly viewable and singed transaction that can’t be changed or rewritten.
This infographic will help you understand how the blockchain technology can and will improve 16 different industries, from music to government. So, read on and find out what their future will look like.
About Rajesh Kotian
Hi! Rajesh here. I sincerely hope that you are satisfied with your current business success and happy in your present situation. We all know that making money online isn't always as easy and straight-forward as the gurus would have us believe. So, if you are happy and successful more power to you. However, if you aren't happy with your current results and your income is way below what you hoped for and deserve, then I might just have the answer to your prayers. The online strategy that we use and teach, produces an stream of prospects for our business every day. Best of all, these prospects are generated totally cost free. I don't spend any money on paid ads to grow my business online. I'm involved in both affiliate marketing and network marketing business opportunities and this strategy works equally well for both marketing models. If you are curious to find out more you can hit me up on Twitter or Skype and I'll be more than happy to chat with you. Best wishes Rajesh