Quote from: AllMightMinez on December 02, 2019, 05:30:06 AM

Considering that cryptocurrency runs on the rather new blockchain technology and that seems to be getting all the craze nowadays as more and more new cryptocurrencies appear and the established ones get more value as time goes on. Im rather curious, what other applications does blockchain technology have aside for cryptocurrencies

I keep on hearing people say that blockchain technology will change the world, is that really true and to what extent would it change the world?

With rather limited knowledge of blockchain that I have heard that blockchain technology can be used for transferring data more efficiently than our current methods of transferring data and that it can keep peoples identities a secret - probably who a lot of shady people use it in order to do shady things especially in the dark web and all the other dark places on the internet.

Are there any other uses of Blockchain technology for other fields of technology, Im really curious to know more because, I, myself am not very knowledgable about this subject. Thanks for your input.

The blockchain works as an open database that cannot be changed. That is, data manipulation is excluded, which makes the blockchain super suitable for many structures in order to eliminate money losses associated with fakes and frauds. This is one way of using technology, but there are many more use cases.