Blockchain technology

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We all already know what Blockchain technology is. And here are 5 interesting facts about it…

We all already know what Blockchain technology is. And here are 5

interesting facts about it…
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1. The BitGive cryptocurrency fund has launched the GiveTrack blockchain platform,

1. The BitGive cryptocurrency fund has launched the GiveTrack blockchain platform,

which allows you to make and track donations. The platform is based on innovative technologies that make it possible to improve charity activities and attract new donations
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2. Blockchain will allow you to modernize the ways of interaction

2. Blockchain will allow you to modernize the ways of interaction

between consumers and electricity suppliers. Members of some communities in Brooklyn and New York generate electricity on solar panels and sell it to neighbors using blockchain. This is an extreme example of the possibilities of technology in the energy market
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3. Not a single record that got into the blockchain can

3. Not a single record that got into the blockchain can

be changed or deleted by criminals, because in order to do it they would have to affect all nodes of the network at once, and this is practically impossible
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4. It is known that almost all international transactions carried out

4. It is known that almost all international transactions carried out

through banks are under the control of the United States. Therefore, bitcoin can be an effective tool to overcome US sanctions. For example, Venezuela created the national cryptocurrency "Petro" to protect against US sanctions
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More than a billion people around the world have difficulty in

More than a billion people around the world have difficulty in

proving their identity. Microsoft wants to change that. The company is currently developing a Digital Identification system based on Blockchain. It intends to assign a unique number to each. It can be used in banking, healthcare and even while traveling around the world