A blockchain is a database with user-distributed validation. If you’ve ever heard of Bitcoin, you’ve seen one of blockchain’s biggest current applications. Through our workshop, you’ll develop a deep understanding of how blockchain works and why developers are becoming so interested in the technology. We’ll start by reviewing current blockchain-based models such as cryptocurrency, business order tracking, banking, and contract validation. By the end of our workshop, you’ll know how cryptocurrencies function, which emerging startups are currently getting funded in the blockchain scene, and why blockchain ledgers are considered the technology of the future.
Over the past decade, the Internet and software have made the transaction of money practical. You can easily shop online and trade securities. But transferred financial assets go through correspondent banks, archaic systems linking clearing houses, and central depositories. Sometimes it takes many days for the funds to reach an account or purse to settle. Not only are these systems slow, but they are expensive and unsafe. Blockchain development is addressing this problem by restructuring fundamental business transactions, including money market transactions, and introducing new forms of digital interaction. Continue reading “Blockchain developers”