immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Technology Finance and Q Blockchain

technology: What is blockchain A: We have spent two years researching this technology and have concluded, unequivocally, that blockchain technology is the second generation of the digital revolution, according to Toronto Star. The first generation brought us the Internet of Information. Order this photo By thestar.com8:21 PM, Fri., May 6, 2016 Q: Blockchain seems to have come out of nowhere to become a hot topic in technology and finance but few people seem to truly understand it. The second generation – powered by blockchain – is bringing us the Internet of Value. It does this by distributing trust from powerful intermediaries to a large global network, which through mass collaboration, clever code and cryptography, enables a tamper-proof public ledger of every transaction that ever happened on the network. So what is it Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure, peer-to-peer, instant and frictionless. (www.immigrantscanada.com). As reported in the news.