Blockchain technology is the power center behind the growing cryptocurrency market, which has reached a total market cap of over $741 billion and continues to thrive. Blockchain has aided Bitcoin, the digital currency that grew from around $1,000 at the beginning of 2017 to nearly hitting $20,000 in December 2017. Blockchain is also the backbone of Ethereum and several other digital currencies, but the capacity of blockchain does not end with cryptocurrency. Cryptocurrency has shown that blockchain technology is about disrupting the norm and encouraging innovation. Blockchain is a continuously growing list of records, or blocks, that are linked together and secured using cryptography. That means that the technology powering blockchain can be applied to virtually anything, including tracking ownership of documents and digital assets, …View the full post at: Blockchain Technology is Changing the World and Providing Companies with Innovative Ways to Grow …
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