add share buttonsSoftshare button powered by web designing, website development company in India

African Continuum Theatre Company

An Introduction to the Blockchain Technology for the Beginners

These days, newer height scandal technology is fast. One of the latest wins in this direction is the evolution of Blockchain technology. New technology has greatly affected the financial sectors. In fact, initially developed for Bitcoin – digital currency. But now, it finds its application in a number of other things too. You can also get more information about blockchain at

Image Source Google

It looks so far, maybe easy. But, don't know what Blockchain is?

Distributed database

Imagine electronic spreadsheets, which are copied with how many times cross the computer network. Now, imagine a very smart computer network that regularly updates its own spreadsheet. This is a broad overview of Blockchain. Blockchain stores information as a shared database. In addition, this database is reconciled continuously.

This approach has its own benefit. It does not allow the database stored in one location. The notes in it have original public attributes and can be verified very easily. Because there is no centralized version of the record, unauthorized users do not have the means to manipulate and damage the data.

Blockchain distributed databases are simultaneously aligned by millions of computers, making data easily accessible by almost everyone throughout the virtual web.

Request for Developer Blockchain

As stated earlier, Blockchain technology has high application in the world of finance and banking. According to the World Bank, more than US $ 430 billion in money transfers sent through it only in 2015. Thus, Blockchain developers have significant demand on the market.