Is blockchain still relevant 2020?

Blockchain in 2020 Gartner agrees by naming “Practical Blockchain” one of the most important technology trends of 2020. One thing that did not change over time is the relevance of global cryptocurrency trade. Trading remains the most important and valuable application of blockchain technology .

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Is blockchain still popular?

Blockchain technology has far-reaching applications across many industries . Blockchain is already used to facilitate identity management, smart contracts, supply chain analysis, and much more. The full potential of blockchain technology likely remains to be discovered.

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Why is blockchain trustworthy?

The chaining of the blocks ensures that the content of the block remains trustworthy at all times . For example, if a change is entered in a block, such as a payment statement, then all the computers in the entire network check the blockchain to see if the transaction was valid.

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