Blockchain 58 articles

Blockchain explained in short

Blockchain is a distributed ledger technology that allows data to be shared across networks without being copied or stored in one central location. This makes it an ideal solution for businesses and organizations that need to securely store large amounts of sensitive information while maintaining complete control over who can access their data and when.

In addition to providing better protection against data breaches, blockchain also offers other benefits such as improved accuracy through verification processes and enhanced traceability as a result of immutability—the inability for anyone other than the owner/creator of information stored on the network (known as “self-sovereign identity”) to change or delete records on the network once they’ve been uploaded into it (or “written”). 

This allows for greater transparency and trust in transactions between parties.

Blockchain is the technology that powers cryptocurrencies like Bitcoin and Ethereum. That said, there are many other applications of blockchain technology beyond crypto. There are many industries that could benefit from the use of blockchain, including healthcare and supply chain management.

Why do we write about blockchain and crypto ?

Blockchain technologies and crypto are still very young, but they’re growing rapidly. There’s still a lot of room for improvement in terms of speed, security, and scalability. 

We’ll need to educate the next generation on blockchain and crypto to keep it growing and make sure people understand both the benefits and the risks. 

It’s important we share not only the success stories of blockchain companies  in Southeast Europe (for example,  Elrond, NEAR Protocol, LimeChain, and Nexo) but also the challenges that stand in the way of mass blockchain implementation. 

As the blockchain and crypto space has evolved, so have the technologies. They’re still in their infancy, but they’re likely to continue growing and improving over time. 

As they improve blockchain databases are also likely to replace conventional databases as the most efficient way of storing data on a distributed network. 

With this ongoing adoption, we need to discuss some of the potential disadvantages of the blockchain ledger such as high energy consumption, use for criminal activities, and its immaturity when it comes to online transactions. 

We are going to feature the latest blockchain news, expert insights, and actionable tips for anyone interested in understanding blockchain’s potential and how blockchain, crypto and decentralized networks can be used to build the future of work, digital currencies, and medical records. 

From Decentralized Autonomous Organizations (DAOs) through Web3 and the Metaverse to the next trends in crypto, we aim to dive deep into all key topics shaped by the blockchain revolution.

FAQ

Who are the authors in the blockchain channel?

Our authors who are focused on the topic of blockchain networks are Bojan Stojkovski and Antoanela Ionita, constantly on the lookout for the next big story and talking to crypto experts and web3 pioneers.

What materials are written most often?

We are featuring the latest blockchain news, expert insights, and actionable tips for anyone interested in understanding blockchain’s potential. You can expect to see how blockchain, crypto and decentralized networks can be used to build the future of work, digital currencies, and medical records. 

Can I subscribe to updates from the blockchain channel?

Yes. You can subscribe to The Recursive newsletter to get the latest blockchain news insights in your mailbox.