blockchainWorld

Blockchain, an unknown technology

Probably blockchain and cryptocurrencies seem synonymous to you, as this technology is the basis of virtual currency. But blockchain applications are so new and diverse that being trained in this subject will open up many professional and business opportunities.

Smart contracts, supply chain monitoring, more efficient financial services, as well as online elections: its uses are many and mastering the blockchain will undoubtedly be a great advantage for those who know how to use that chain. It is a technology that has already begun to be used effectively in many sectors: the legal sector, health, energy or the financial sector ... Despite the great and confusing development, in 2021 we will see the progress of the blockchain .

Below are some expert statements from this account:
Rafael León Sanz (Professor of Business and Technology, Faculty of Technology and Science, Camilo José Cela University): “The origin of blockchain technology originated in the 80s and 90s, but was not developed, improved and launched by Satoshi Nakamoto until 2008. He designed a blockchain, enabling public and decentralized traceability of any activity and expanding its use in a variety of areas, most notably the successful cryptocurrency Bitcoin.The use of blockchain technology is expanding in the financial world, in addition to using cryptocurrencies to record transactions, improve transparency and security. , with a greater ability to detect fraud and reduce errors. It is a technology that is evolving to achieve greater digitization and greater efficiency in financial services. "

"In the healthcare field, blockchain-based solutions are being proposed and used during the pandemic to achieve more optimized data management, accelerate approvals, and improve the supply chain."

"In the legal world, there are innovative projects such as smart contracts or new blockchain-based notarial services that can facilitate and lower the price of commercial and real estate transactions. In addition, the guarantee system can be extended to more areas of society."

"In the logistics and supply chain, there are also natural environments for the development of blockchain technology applications, which can ensure product traceability and integrity. It also plays a key role in the fight against counterfeiting. as in all activities, and as a dizzying evolution occurs, published academic articles should be consulted and kept up to date through social networks and communities such as Twitter or Reddit ”.

Javier Hernández Ares (Computer Science, Start UC3M): "The blockchain, which cannot be changed, has many more applications than cryptocurrency transaction records. The essence of the blockchain is that parties who do not trust each other can create a" what is what "record. It requires an agreement, public and decentralized, which is why it is useful.Part of the NASDAQ works with it and has spent several years exploring the possibility of creating a property register through the blockchain.Other uses are the creation of smart contracts and they are also a follow-up to the supply chain. Its use has also been proposed for online elections. But if it is so useful, why not use it much more? Simply because you can't ask someone to trust their information or something they don't understand. "

"That's why blockchain training is essential to use it properly and make the most of its opportunities. And the training offering is growing every day."

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