Blockchain from abstract to practical: Data is the basis for all

To bring blockchain concepts to life, we must look at the new technology through a conceptual lens to explore the promising disruptive qualities that are present at its very core. My team and I not only seek to build the next generation of technology, but we also take time to think about how to maximize its potential at a fundamental level. This approach is applicable to blockchain, and throughout this article and my next one, I’ll explore several ideas on why data is the integral component to the composition of the technology.

Approaching blockchain

When individuals and organizations first approach blockchain, they tend to focus only on the promising potential of the technology. They ask themselves questions such as “What can this new system do?” and “How can this technology improve my existing business?” Although asking these questions at the forefront is important, this process only encompasses one part of the necessary perspective on blockchain. ..Read More..

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