Blockchain Technology - The Next Big Thing: Introduction To A Technology That May Change The World

<p>Block chain mostly known as the backbone technology behind Bitcoin is one of the hottest and most intriguing technologies currently in the market but what exactly is it &ndash; and can it somehow help you? Simply put Block Chain is the digital equivalent of a banker&rsquo;s ledger one that records and secures transactions between two parties. Set to cyberspace this type of programming allows the transfer not only of data but of value &ndash; making it a unique and fundamental building block of our emerging future.&nbsp;</p><p>Block chain technology was originally developed in 2009 to enable individuals and organizations to process transactions without the need for a central bank or other intermediary using complex algorithms and consensus to verify transactions. Now it has been adopted and modified by companies and start-ups the world over and is being closely scrutinized by World Banks as the logical next step in digital finance.&nbsp;</p><p>This book explains Block Chain in its entirety; its history uses potential disadvantages and even its future. Understanding this valuable open system is vital to creating the financial freedom you crave. Digital currency is no longer a pipe dream of the basement gamer its real it&rsquo;s here and you need to comprehend how it moves and is secured in order to plan for a future that will see a revolution in our current banking system.&nbsp;</p>