Blockchain paved the way for cryptocurrency
I first heard of crypto term blockchain back in the year 2010 , people we talking about that it is the next best thing. the evolution of the web it is a network in which different applications can be created which are secured ,new decentralised systems which are needed in society to eliminated the middle man in most of your financial transactions which means no government can control the system.
A man by the name of Satoshi Nakamoto created the bitcoin which can defined as electronic cash, is widely used today by many people around the world.
later learned that people were referring to this new digital coin as internet money ,the cryptocoin value started around $ 2 back in 2011, i would send half of bitcoin just to test this new technology, this article bicoin is hovering around $6200 , i wish i had invested in bitcoin early ,but you know the saying that is is never to late to join the party.
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today as i write this article blockchain development is on the rise all over the globe as everyone is trying to build the best app that will solve problems that need solutions in society.
Healthcare
Businesses
Education
Technology
Media
Applications can be developed and used to overcome using the power blockchain gave birth to many coins including
- Ethereum
- Monero
- Steem
The future of digital coins such as steem has a lot of potential
Do let me know if this block post was helpful @codecrypto