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Blockchain - Value Proposition - Science/Technology - Nairaland

Nairaland ForumScience/TechnologyBlockchain - Value Proposition (1008 Views)

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Blockchain - Value Proposition by luxico(op):
To understand why blockchain is so important and why most people swear by its applications, let us understand the use case of blockchain in the transfer of value/cryptocurrency.

Exchange of value has been happening ever since human civilization began. Early humans used to barter goods to express value. Then came cowry shells and precious metals like gold, silver, etc. Value exchange is based on consensus and trust.

To understand this concept, let us consider the following example:

Suppose you have a handful of cowry shells, a couple silver coins and some standard American dollars. You manage to build a time machine which takes you into the past and you go on a journey equipped with cowry shells, silver coins and some USD....
Read more...
https://www.bbod.io/bbod-blog/2018/7/6/blockchain-value-proposition

Re: Blockchain - Value Proposition by luxico(op): 1:12pm On Aug 28, 2018
blockchain technology is the future
Re: Blockchain - Value Proposition by luxico(op): 1:14pm On Aug 28, 2018
luxico:
blockchain technology is the future
blockchain technology is the future
Re: Blockchain - Value Proposition by luxico(op): 10:48am On Aug 29, 2018
https://www.bbod.io/bbod-blog/2018/7/6/blockchain-a-brief-introduction


This is a brief article written by a friend, it explains what Blockchain technology is about,.. It's quite simple, we need to all have an idea what's going on ��
Re: Blockchain - Value Proposition by luxico(op): 10:42am On Aug 30, 2018
true fact

Re: Blockchain - Value Proposition by luxico(op): 8:58am On Sep 02, 2018
we need to enlighten ourselves on whats going on the blockchain space
Re: Blockchain - Value Proposition by Joepeppy: 6:30pm On Sep 04, 2018
You're absolutely right... Blockchain is the future... And I checked bbod articles you talked about... I think is great and its different.
Re: Blockchain - Value Proposition by luxico(op): 4:41pm On Sep 10, 2018
Most of us must have used the term ‘Smart Contracts’ in a blockchain discussion with colleagues or friends without completely realising the impact Smart Contracts can have on the entirety of the socio economic framework our society thrives on.

We have mentioned multiple times in this blog that Blockchain as a technology is revolutionary.

https://www.bbod.io/bbod-blog/2018/8/18/smart-contracts
Re: Blockchain - Value Proposition by jom28gy(m): 6:15pm On Nov 08, 2018
In simple term, what is this blockchain
1 Reply

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