Blockchain - A Refined Future For Everyone
Updated: Jun 1, 2021
Blockchain technology, launched 10years ago by an unknown person under the pseudonym of Satoshi Nakamoto provides one of the most secure, quick transparent, inexpensive and safe online transactions. Blockchain technology has shaken all industries globally because it has considerably increased efficiency in finance. A blockchain is a specific type of database where different types of information can be stored. The most common use so far has been as a ledger of transactions. This is where currencies like Bitcoin, Litecoin, Bitcoin Cash, Dogecoin and many more come in. This is where our future is heading. Our money and assets will eventually be, or is already recorded inside the blockchain. It is the safest way of storing data, provided that no one gets hold of your key codes (passwords). Click on this link if you’re not yet familiar with the ‘blockchain’
We are currently going through a crypto art boom. This year digital artists have broken crypto art records. To mention a few, An artist called Beeple having never made over 1000USD from selling physical art, made 10 million USD for 2 pieces of digital art. Beeple's non-fungible token piece, "Crossroad" recently sold for 6.6 million USD, making history as the most expensive digital art sale ever made. Brands like Nike and the NBA have also taken this opportun