We tend to think about how to obtain money, what is the work that generates the greatest benefit?, and we forget a key point, no matter what we do, the economy fluctuates, the physical currency or bills are on the loose, they wobble from one side to the other, creating instability and losses, and we want to know the way out, the way out is within the reach of our hands, the Cryptocurrencies, these are developed by one of the most advanced technologies so far known, the Blockchain, but what is all this? How does it benefit us?
The revolution in code programming
The Cryptocurrencies is virtual money, and therefore is "intangible", you can take from it every time you need it for: your purchases, your payments of services, transfer of this money to another person, all through the Internet, there are many cryptocurrencies in the virtual market, some have acquired greater relevance and even greater monetary value than others, like Bitcoin, the first cryptocurrencies to use the Blockchain for its programming.
The Blockchain is the technological advance that revolutionized the way to see, handle and have a particular information, is a programming based on nodes or blocks, where each node contains information, in addition to each node is a replica of the information contained in the chain of blocks, which represents with certainty the immediate availability of the information that we want and that is contained in the program or system associated with that Blockchain, at present we associate in a direct way the Blockchain to the cryptocurrencies, and that is totally true, the cryptocurrencies use this technology as a base for their development, it is a decentralized system, that is not governed by some governmental entity or central figure of control.
Greater Freedom
When we find a way to maintain financial peace of mind regarding the constant change that happens in the physical currency, we feel a sense of peace, because we are usually working to give a better life to our children, our loved ones, friends and the needy, and even though we have little, we want to support everyone, and that produces a certain degree of stress, we are now facing the virtual universe, full of opportunities to grow, among those opportunities is the financial one, I don't mean by this that humanity is becoming materialistic beings without affection, I prefer to think that it is the affection that drives the interest to grow financially, you can buy these cryptocurrencies or become a real crypto miner, however the latter is more expensive because it requires very powerful machines or consoles. Maybe in other countries it is "indifferent" (in many cases) the difference of the value of the physical currency with respect to the virtual currency, like for example the dollar, is a very valuable currency in the whole world, but in other countries buying these cryptocurrencies produces a sensation of freedom (with respect to your local currency), because these maintain more their value in the time, besides the fact of being able to acquire any service or product no matter where it is and to be able to pay it with money recognized worldwide in the net, produces freedom.
All is possible
Real democracy
The Blockchains can democratize reporting, processes, and evaluation beyond the self-interest of management, consultants, and responsible, paid by the company to include comprehensive audiences connected to the corporation through a currently unmeasured value chain. The blockchain can help make this more credible and transparent, because it can more completely and accurately authenticate its performance.
Transparency and immutability
Changes in Blockchains are publicly visible by all parties that create transparency, and all transactions are immutable, meaning they cannot be altered or removed. This characteristic is very valuable, without a doubt, and imagine what it would be like to apply it in presidential elections or in some kind of political elections, we would be facing the truth, and there would be true democracy and transparency in that process.
Automation and Acceleration of processes
The more this technology is used, the more the manual intermediation tasks are replaced by automatic interactions. This achievement is the result of disintermediation, standardization, optimization and automation. The more this technology is implemented, the faster the transactions and interactions between the parties involved, now burdened by the time spent on manual tasks, will take place.
Trust in protocols and technology
The implementation of the Blockchain replaces the trust in people and organizations with a logic based on a computer verification, which cannot fail and the security derived from consensus. This changes the perception we have about trust and security as individuals and as a society. What may initially seem worrying and disheartening, is largely a relief when we become aware of the high level of fraud that surrounds us in all areas.
Within the maritime industry
In order to make the supply chain in the shipping industry transparent, it is important that there is a traceability from the beginning to the end of a product and/or service. Therefore, transparency and traceability are correlated to Blockchain's technology, in fact, they provide greater transparency in the entire global maritime transport supply chain, by creating a immutable and distributed record keeping, which by the nature of the protocol lends itself perfectly to traceability applications. Blockchain's value lies in the fact that there is a single source of origin that is consistent and cannot be manipulated.
This has come to education to stay
Forecasts indicate that the blockchain technology will directly affect the management of many internal processes, allowing in a simple way an automated management of grades and exams, as well as avoiding any type of fraud such as plagiarism or changing grades. In addition to being able to keep information about graduates and students in general, for later access when required.
It just starts its potential in health
Healthchain has developed a network using IBM Blockchain, based on the IBM Cloud to improve patient care. The idea is to unify medical records. One of the main challenges that health systems are facing today is the fragmentation of patient information between different entities and organizations that are part of the health ecosystem, such as health centers, hospitals, laboratories, insurance companies, etc. Taking into account the great amount of information that is being generated and thinking about continuously improving the attention and care of patients, Healthchain was created. This network connects health care providers, insurance companies and payers, with the medical data of the patients, allowing the exchange of clinical or administrative data.
It is also possible to include it in the sport
During the last Olympic Games, hackers leaked several medical files of athletes claiming evidence of doping. This included several high-performance and highly regarded athletes. Blockchain technology provides an opportunity to protect these files from being leaked to the public, and also protects against bias in the sports world by ensuring that federations do not manipulate data to hide doping cases. With the help of blockchain, a more structured system can be established to record test results and prescriptions in response. This is because once the data is present in the system, it will be checked for accuracy according to pre-established protocols before starting the blockchain registration and making the change impossible.
Started the creation of virtual money
Without a doubt, crypto-currencies is the sector where the blockchain has been most developed. The blockchain technology was born as the essence of bitcoin and nowadays, it is present in most of the digital coins.
In short, the use of the Blockchain has been truly demonstrated with the multiple options that are currently being implemented in various sectors of daily life: decentralized finance, recreation, food traceability and clinical data management, among others, which benefits humanity, and what is missing must be even better.
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... Until the next publication.