Every now and then, we come across several news about Blockchain Technology and its adoption across all industries, and various pilots projects being carried out by governments of different nations. So, what has made this technology so widely popular across all verticals in just a few years? Let’s discuss the basic features that have made […]
The hype of blockchain technology came into existence with the launch of Bitcoin in 2007. Since then, although cryptocurrencies have gone through several ups and downs, the blockchain craze has been steadily increasing. However, taking a closer look, you’ll realize that the real hype is all about the distributed ledger property of blockchain that makes it immutable and hack-proof. These systems use high-level encryption for data transfers, yet the question that arises is: Is blockchain really hack-proof?