Does anyone here Know about the reason the development of blockchain technology

[ruthhelen]

Hey people, does anyone here know about the public ledger created by the blockchain technology and it’s various usage.

[ImHash]

Hey people, does anyone here know about the public ledger created by the blockchain technology and it’s various usage.

I might be able to help you with what you're looking for, Though I'm not very versed in this area of technology, But I can say something about the concept behind this technology we call blockchain.
Public ledgers like bitcoin are essentially here to decentralize the monetary systems of our world.
Do you know what that means, To decentralize the banking system? Before bitcoin, Only banks could store and transfer money, Now everyone can do that without ever having to use a third party service.
We can be our banks using bitcoin or other coins like it.

[Thinkable999]

The sole reason would be decentralized money. There are some few more namely low cost transaction, Transparency, Security, No third party i.e. banks. etc.

[proTECH77]

Hey people, does anyone here know about the public ledger created by the blockchain technology and it’s various usage.

I think the best reason why blockchain technology was developed was with blockchain one can have self executing and enforcing contracts on the blockchain which cannot change after execution.

[jeffthebaker]

No. Absolutely none of us have any idea what blockchain technology is. Are you sure you're in the right forum? This sounds like a bunch of nonsense to me! Perhaps you could enlighten us, OP?

[NZEXToken]

Hey people, does anyone here know about the public ledger created by the blockchain technology and it’s various usage.

Hey Helen, We are doing something new with blockchain , we are creating a trading platform for commodities, check out us : website link

[Byzantium101]

Hey people, does anyone here know about the public ledger created by the blockchain technology and it’s various usage.

Of course, the question should not even be asked, this forum is all about the blockchain and every ICO published here is a use case for the technology, that is, except the scammy ones that normally are easy to spot.

[Ilmiyati]

As far as I know Blockchain technology was created to facilitate transactions from one person to another with no restrictions on government and country regulations with a peer-to-peer system and has a history that can be seen by anyone but cannot be changed, with an anonymous basis that maintains the confidentiality of the sender and recipients, with very fast transactions, and this was created because some people find it difficult to convert currencies in one country to another and bank shipments are too complicated with confusing procedures

[zulkarnaen]

As far as I know Blockchain technology was created to facilitate transactions from one person to another with no restrictions on government and country regulations with a peer-to-peer system and has a history that can be seen by anyone but cannot be changed, with an anonymous basis that maintains the confidentiality of the sender and recipients, with very fast transactions, and this was created because some people find it difficult to convert currencies in one country to another and bank shipments are too complicated with confusing procedures

Yeah, Blockchain is a modern technology that will facilitate us doing any transaction in this modern era. It's also a safe technology, because blockchain has a good security system. Blockchain is a very helpful and an easy technology.