INSURANCE

Blockchain technology has shown the world the potential of digital currency. Bitcoin, the first digital currency ever created, is the most popular form of cryptocurrency.  Bitcoin is a decentralized form of currency meaning that it doesn't need a central bank or authority to regulate it. Bitcoin is the first cryptocurrency to be created and it is the most popular of all coins because of its decentralized nature. Bitcoin is an open-source software meaning that it's publicly accessible to all and no one owns it. Hence, it's not owned by a central authority and the transactions are instantaneous. What is Blockchain Technology? A blockchain is a distributed record that acts like a shared database that runs on computers around the world. It provides the technical underpinning for cryptocurrencies like Bitcoin. Blockchain Technology is the backbone of new currency. It has the potential to change the world of money in terms of fraud prevention and accountability, as well as makin...