Blockchain technology promises to revolutionize practically every sector of the modern economy. In this post, we take a look at why everyone’s so excited about blockchain and what do all the wide applications of blockchain really boil down to.

To create a basic level understanding of what blockchain is capable of, let’s look at the 10 things blockchain can do

  1. Decentralized Database
  2. Distributed and shared accounting ledger
  3. Peer-to-Peer Network
  4. Cryptocurrency
  5. Open Source Software
  6. A marketplace for financial services
  7. A platform for software development
  8. Empowered Decentralized Computing
  9. A Platform for Transactions
  10. Trust service layer

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