Quote from: Crypto_hive on October 22, 2019, 04:19:48 PM

Quote from: ECOS_CloudMining on October 21, 2019, 06:15:48 PM

How does blockchain technology works?
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This technology helps to track the path of goods from agricultural fields to the marker shelves. Lets say it will be tomatoes. How it can work?
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A vegetable supplier from California has created a block with information about the origin of tomatoes and the date they were collected. Consumers and a store can have access to this block, but they cant edit it.
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In blockchain its possible to create vegetable database, where suppliers will create blocks about goods. To read it buyers will need to scan a code with their smartphones.
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Why we need blockchain? To make supply chains more transparent.

A very good example, especially for a beginner who does not understand how the blockchain works. In fact, the field of application of the blockchain is extremely huge, mankind has not yet fully understood how useful this is. I hope that not only Bitcon enthusiasts like us will appreciate it.

If you want to understand very well what blockchain technologies are and why they are created, then you first need to read Bitcoin's whitepaper.