Post
Topic
Board Bitcoin Discussion
Re: Blockchain technology and bitcoin effects on developing countries?
by
chocolaty
on 16/03/2018, 12:44:51 UTC
I was just curious to know how will adapting to blockchain technology and bitcoin effect  developing countries like India.

Blockchain technology is not just limited to bitcoin. Companies and even government agencies can adapt to blockchain technology and they can create their own cryptocurrency for their own benefit and others as well. Blockchain technology is a great technique for data management for big data. It will prove transparency and will make information secure. Fraud and theft will be prevented and this will reduce cost of managing data.