The public view on blockchain technology is actually very limited. Not all transactions on a blockchain are related to currencies. A currency is something with a regulated quantity and gains a proxy value from a market economy where it can be traded for "real value". Blockchains provide a more secure way than central databases to implement this, but transactions without limited quantity are possible all the same and can still have a meaningful utility.
Whatever transaction you perform on a blockchain is documented, stored, and linked to your public key by a decentralized database. Whatever message you put into the transaction, it becomes a part of history and can be used later to prove something or to represent some information.
I think people focus too much on earning money from the heap of various currencies created with this technology and too little on actually solving problems with it.
[link] [comments]

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments