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Leading technology Blockchain is driving the biggest revolution in the finance industry by making it more secure and impregnable. Many of world leaders, experts and CEO’s put their words down aloud what they actually think about this technology but some of you might be still doubtful, so let’s have a look and clear all your doubt regarding Blockchain.

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Block chain is a Technology that will Transform Everything from the Finance Industry to Global Supply Chains.

what is block chain technology
What is Block chain Technology?

It is defined as “a distributed, decentralised database technology that maintains a growing list of transactions and, through encryption and other activity, verifies their permanence.”

facts statistics of block chain
Facts & Statistics of Block chain
  • The Global Block chain Market is Expected to be Worth More Then $3 Trillion by 2024.
block chain is most vulnerable
Block chain is Most Vulnerable
  • The vast number-crunching power of these devices mean that as soon as they are available, crypto currencies will be more vulnerable to attacks.
  • Only 0.5% of the world’s population is using block chain today, but 50% or 3.77 billion people use the internet.
block chain is not just about digital currencies
Block chain is not Just About Digital Currencies
  • The Block chain is not only used to send or receive crypto currencies value.
  • It is currently used to limit the voting fraud, for transfer of assets including real estate or securities concerning banks and insurances, for track ownership.
block chain healthcare
Block chain Healthcare
  • Block chain technology is being considered also a solution to the counterfeiting of drugs.
  • It is being used in the US and Estonia to prevent the theft of pills through the supply chain & give medical history ownership back to patients.
block chain digital content
Block chain Digital Content
  • Digital content like music, movies, and online ads could use block chain to prevent piracy.
  • The media and encode block chain data that reflects intellectual property and payment history.
microsoft joins block chain
Microsoft Joins Block chain
  • Microsoft has joined the Chamber of Digital Commerce, the world's largest trade association representing the digital asset and block chain industry, focused on promoting distributed ledger technology.
block chain wallet users worldwide
Block chain Wallet Users Worldwide
  • The statistic presents the total number of Block chain wallet users worldwide, over one year period.
  • It is unclear how many are active or actually have any digital coin in them.
blockchain explore solutions
Blockchain Explore Solutions
  • Approximately 90% of major North American and European banks are exploring blockchain solutions.
  • 30% of those major banks are already involved in developing or undertaking proof-of-concepts of distributed ledger solutions for payments.
  • A further 13% of the surveyed banks have engaged in implementing their blockchain-based products.
  • 17% of the banks are at “the forefront of revolution”, according to the report, ostensibly meaning those solutions are already in use.
if your are looking for blockchain app development service
If Your are Looking for Blockchain App Development Service?
  • Visit us
  • Consagous Technology
  • E-mail