BLOCKCHAIN TECHNOLOGY

"BLOCKCHAIN TECHNOLOGY" is a safe and secured technology where any person can online transaction to any other other person at anywhere, there is no need to have 3rd party in between these two. A very few people are familiar with this technology. It is very important, not only for an individual, but for the nation too,such that corruption may get reduced.

"BLOCKCHAIN TECHNOLOGY" helps to do the transaction of bitcoin services from one person to another without the presence if any intermediate. Bitcoin is digitalized currency,which can be used for an online transaction.

Let's take an example, if a person, say 'A' who lives in India and wants to send money to another person, say 'B' who lives in London, and for this, it's not necessary to have trusted 3rd party, because if you use "BLOCKCHAIN TECHNOLOGY", it'll take lesser time for transaction and will take lesser charges too.In any network,where people aside, they know that who is going to do payment and to whom. Through this technology, all the data will be kept recorded in database.

      One of the major advantage of using such technology is that, it's harder to hack.For this, hackers need to hack thousands of computers which will be quite difficult. So, it will be useful for public sector and banking sector as well in coming future........!!!!!!

 Let's see how this technology actually works................