Blockchain is best known as the technology that sits behind bitcoin, recording all of the transactions made with the virtual currency. The technology allows for much more data storage than just the financial transactions. That’s why more and more entrepreneurs are finding ways to use the blockchain to record and store a wide variety of different transactions and decisions. Information such as mortgage certificates, health records, welfare benefits and even voting registration could be managed this way. The creation of accessible, secure data networks that run in near real time really does sound like a holy grail in the digital age.
Blockchain technology is slowly changing the way business works
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