How Are Blockchains and Distributed Ledgers Used in Practice?How do they work? Are there any downsides? Are they safe?Provide examples and support your answers with references if needed.
Blockchain is still in its infancy. In fact, it’s fair to say the technology is about as mature as the internet was in 1996. We’re a long way off blockchains becoming the norm, in other words. Those who rush in at this stage, without a clear plan of how they want to use blockchain technology and what they want to achieve, could end up wasting a lot of time and money.
What do you think the future of blockchain holds? Is it a fad? Is it here to stay?