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Get to know about Blockchain technology, how it works and its use cases under 10 minutes in Tamil.
Overview of Blockchain Technology and its other notable deliverables:
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Blockchain enables people to trust each other in a way that is not possible with any other type of technology. It can be used to transfer money, property, and anything of value.
Blockchain is a digital ledger that records transactions in a secure way without the need for a third party. This means that even if someone hacks into your computer, they will not be able to change or delete the data stored on the blockchain because it is decentralized and distributed across many computers around the world.
The blockchain has been used for everything from Bitcoin transactions to tracking diamonds and art. There are many potential applications for this technology in today’s society, but it still has some significant limitations as well.
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The distributed ledger and immutable nature of blockchain makes it a perfect solution to so many problems in the world today. Let’s explore how this technology can be used to solve some of the most pressing problems that plague society.
– The supply-chain verification system could be done in a decentralised way, making it almost impossible for fraud and mishandling.
– Encrypted data on the blockchain can help with privacy concerns, like identity theft or cheating on exams or tests.
– Bitcoin is already being used as a currency by multiple countries all over the world, increasing its stability, potentially bringing about an end to volatile monetary policies.
– Blockchain could also make voting systems more secure and trustworthy by creating a tamperproof system with an audit trail – there would be no question about who won
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Blockchain is a promising technology for Kids and Teenagers to bring creative innovations.
Blockchain technology is still a new concept to many people. It’s a growing technology that has the potential to change the world in many ways.
The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.
****Easy Explanation for Kids****
Blockchain is a technology that is being used for many different applications. One of which is for kids to learn about it.
This article will tell you about the basics of blockchain and how it works, so you can understand what your kids are learning about in school.
There are many uses of blockchain, but one of them is to create a decentralized system that doesn’t need a central authority to maintain and verify transactions.
The blockchain system records all transactions in chronological order through cryptography so the data cannot be altered or corrupted by hackers or any other third parties.
It provides an immutable digital ledger that records all transactions without the need for a central authority to maintain it and keep records up-to-date.
It also has benefits such as reducing fraud, costs and complexity
****Music By******
Song: Erik Lund – Summertime (Vlog No Copyright Music)
Music promoted by Vlog No Copyright Music.
Video Link: https://youtu.be/E338aF6QHu8
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