Very interesting article from Giacomo Lee – 13th August 2021 on https://www.verdict.co.uk website.
“Blockchain use can save lives, build smart cities and boost data privacy. But before it can do any of that, it has to step out the shadow of dodgy cryptocurrencies and multi-million digital art deals.
Blockchains keep confounding tech-watchers. In a way, blockchain use is bigger than ever before.At the same time, it is as underrated and misunderstood as it was in 2008 when the mysterious Satoshi Nakamoto published their groundbreaking paper on bitcoin, kicking off the cryptocurrency revolution.…
Both NFTs and cryptocurrencies rely on distributed ledger technology (DLT) of which blockchain is a subset. Blockchain commonly involves the use of public key encryption and hashing, cryptographic tools which prevent third parties from viewing or tampering with private data….”