Ivan on Tech Academy provides latest insights and reports about the blockchain industry.
Blockchain technology is still a relatively new technology. However, it has become a widespread phenomenon through the rise of cryptocurrencies, such as Bitcoin. But even though it is easy to associate blockchain with Bitcoin, this is far from the only area where this technology can be utilized. Nevertheless, to understand how blockchain can be used in different industries, we first need to understand what blockchain programming is and what problems it solves.
To understand the advent of blockchain programming and blockchain solutions, it is necessary to understand where it comes from. In business, the top priority is to make money. However this can, in some cases, be detrimental to the end-consumer. Greed has become a big part of business in recent years. Moreover, the suppliers of services are taking full advantage of this, charging high fees for essential services.
The people who suffer the most from this greed and exorbitant...
If you have ever heard of cryptocurrencies such as Bitcoin, the chances are high that you have heard of blockchain as well. The rise of blockchain has spiked the business world's interest, and today, everyone is talking about this technology. But what is behind this technology, and which are the popular programming languages for blockchain?
Blockchain is mostly associated with cryptocurrencies, but the innovative potential does not stop there. Blockchain has proven to have great potential and can even revolutionize the whole economy, with everything from DeFi elements like decentralized exchanges to smart contracts.
The sudden interest in blockchain has created many startups and made big companies such as IBM engaged as well. The increase in interest has also created a rise in demand regarding developers for blockchain. Since the technology is reasonably new, there is also a deficit of programmers, which is creating problems.