A report delivered by the Polkadot firm shows the list of nations that demonstrate the most knowledge and applications of blockchain technology.
The blockchain, or chain of blocks, promises to be a platform for innovations for the future.
The blockchain, or chain of blocks, is part of the technologies that promise disruptive applications in the future. Its most common use case and example are cryptocurrencies, since it is the technology that supports its operation, allowing its verifications and transactions to be carried out without the need for a centralized intermediary, such as a bank.
As its name indicates, it is a technology that works by chaining a significant number of blocks, or nodes, that work with each other. In the case of cryptocurrencies, for example, each of these blocks stores information, in such a way that if someone manages to adulterate one of them (saying that he transferred 10 bitcoins, instead of one), the rest will verify that said information is wrong, because it is contrary to the rest of the nodes.
Beyond cryptocurrencies, the blockchain has potential in almost all areas of our daily lives. For example, its implementation could replace the service currently intermediated by transport applications such as UBER, verifying the information of users and drivers and allowing a secure connection and transactions between them.
Given this immense range of possibilities, knowledge of blockchain translates into opportunities for economies that begin to adopt it. A report delivered by the Polkadot firm revealed the list of countries that have advanced in this matter, among which are several Latin Americans.
The report reveals that the country where Blockchain technology terms are best known is Turkey, where 20% of the population claims to have knowledge related to these issues. In second place is Brazil (18%), followed by Colombia (18%), Argentina (16%) and South Africa (16%).
Further down the ladder is Mexico, with 12%, followed by Chile (11%), China (11%), Indonesia (11%), Spain (10%), Russia (9%), Denmark (8%). , Australia (7%), the United Kingdom (6%), the United States (5%), France (4%), Germany (4%), and Japan (3%).
Polkadot also specified which are the countries with the highest adoption of blockchain technology. In 2022, the list is led by Vietnam, with an index score of 1, followed by India (0.37), Pakistan (0.36), Ukraine (0.29) and Kenya (0.28).