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The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, 'Satoshi Nakamoto'. It has now evolved into something greater, and the main question every single person is asking is: What is Blockchain?
By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology.
Bitcoin has been called "digital gold" - and with good reason. To date, the total value of the currency is close to $9 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you don’t need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it's considered revolutionary.
Wherrelz has developed blockchain driven platforms for insurance and healthcare providers. We can definitely help you build your next blockchain product!