Crypto Currency Markets What does blockchain technology offer?

What does blockchain technology offer?
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Posted: 05 Oct 2020 07:37 PM PDT

As we know, this technology is advancing rapidly and there are already industries that have developed these technologies in depth, like the entertainment industry with platforms, such as Earnbet that offer a form of betting through the blockchain and has been a pioneer in this area. These are the different benefits that this technology offers us:

Veracity: The blockchain allows you to ensure that the information stored in these blocks (data or data signatures/documents/files) cannot be falsified.

Security: The information will be stored safely. Therefore, if any unforeseen event occurs, you will not lose that information as the network of nodes guarantees its availability. This is interconnected with the third advantage: trust.

Truthfulness: The fact of obtaining security, as well as the impossibility of falsifying documents, generates trust both in your employees and in the company's customers and suppliers.

Efficiency: This is another essential advantage. The ability to have the documents available at any time is very positive.

Transparency: It is a transparent technology, which makes it possible to search and locate your documents without the need to go through a confusing and complicated process. This is also linked to another advantage that allows you to use blockchain technology: ease.

Facility: It can be hired almost as a "commodity" service so that using it in some system or application is feasible without the client having to go into implementation details.

submitted by /u/xMaccaa
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Blockchain in Gaming: Benefits and Challenges

Posted: 05 Oct 2020 12:55 PM PDT