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The term ‘blockchain’ gets on average a UK search volume of 40,500/mo with an average CPC: £2.29
There’s no escaping the blockchain revolution. In terms of the new technology its probably going to be the next buzzword in every tech industry over the next few years. Bitcoin is the first implementation of a digital asset and is the only block chain protocol in widespread use at the moment. It allows users to transact directly without any third-party intermediary. That is slowly changing though as the technology progresses and it will soon become part of the norm in industries that involve any form of need for secure tranactions.
Blockchain is a distributed database that is used to maintain a continuously growing list of records, called blocks. Each block contains a timestamp and a link to a previous block. It is inherently secure as you can’t modify a block without it being instantly apparent. This makes it perfect for recording things like
- medical records
- financial transactions
- documenting provenance
- identity validation
Anything basically that needs a secure database that cant be manipulated.
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