Blockchain is a new way of storing data, and it’s got the potential to change the world.🌍
But what does that mean? 🤔
It means that every time you buy something online or send money to someone else, you’re using blockchain. It means that your data is more secure than ever before. 🤗 And it means that we’re on our way to a future where data is more easily accessible—and more secure than ever before. 🔐
Here’s how all of this works: let’s say you want to buy something online. You go onto Amazon (or any other e-commerce site), find the item you want, and click “buy.”🛍 But instead of sending your payment information directly to Amazon like you usually would, it goes through an intermediary who sends it along with other people’s payments.💸 That intermediary will take a small fee for their services—but because there are so many transactions happening at once, they’ll only make pennies per transaction!😉
This process makes sure that no single person can see all of your personal information or get access to your funds—and it also makes sure that no one can manipulate any one transaction or steal your identity.🤗 It’s an amazing way for everyone involved in e-commerce transactions to benefit from each other!🤝
Want to know more about #blockchain? Check out our courses here at 247CodeCamp about blockchain development and know the future of online security! 😁