What will happen to blockchain technology tomorrow?

There is no doubt that sooner or later blockchain technology will become one of the elements of any business, both small and large. So for the moment, I would focus my attention on where to find new clients for my business, and only then I would follow the news about the blockchain).

But seriously, you need to take off your “rose-colored glasses” and face the truth: even taking into account the fact that new technologies are now being introduced very quickly, the average layman should be the last to remember about blockchain. Your self-branding
Yes, yes, this is another teaspoon of tar in our blockchain barrel).

To implement such a layer of a new philosophy for storing and exchanging data, you need to restructure a huge system with countless participants. And this is, to put it mildly, very costly.

Especially in the countries of the former socialist bloc. But! Suddenly, in this situation, Ukraine has become one of the most advanced countries in introducing blockchain into government structures!

Below in the picture are those countries that took the lead in this indicator.

Countries where blockchain is being implemented

In September 2017, the Electronic Trading System for Seized Property began to work on blockchain technology. And a little later, the State Land Cadastre of Ukraine was transferred to the appropriate platform.

This protects against attempts to forge land documents and increases the veracity of the information received from the database. And it increases the level of trust in the state as an organization that is responsible for the quality of services provided.

Bright Future of Blockchain

It is difficult to say what development will be in the future and how it will affect the lives of ordinary people. But we will follow along. Is not it?

So… This article is an attempt to explain what blockchain is in simple terms for dummies. And I hope I succeeded. Although I confess that I did not conquer the amount of information associated with this technology the first time. Some things I have read several times.

If you still have some blockchain-related gaps, then know that you are not alone. But for a general understanding – now you have enough information.

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