Articles
Is Blockchain the Fourth Industrial Revolution after Artificial intelligence?
by Bheka Huya Man Bheka, Man Bheka, Voh Bheke Hawa Se Aye....As the Fourth Industrial Revolution gets momentum, innovations are becoming faster, more efficient, and more widely available than they were during the third Industrial Revolution, when electronics and computer technology were used to automate production. A confluence of technologies characterizes the fourth industrial revolution, blurring the line between the physical and digital worlds.
The internet connects smart machine systems in this new era, forming an integration between material entities and information networks. As a result, the physical world becomes a huge information system. Blockchain technology is one of the technologies launched with the 4th Industrial Revolution. Blockchain technology is being used in a variety of ways to assist this new era industrial revolution.
Although Blockchain technology is claimed to have been created in 1991, its real existence was first revealed in 2009 with the advent of Bitcoin. Blockchain is one of the most significant technological breakthroughs of the twenty-first century. The development and operation of cryptocurrencies is the most well-known application of blockchain.
When compared to technology like the steam engine and the internet, which sparked earlier industrial revolutions, blockchain has been dubbed a cornerstone of the Fourth Industrial Revolution. It has the potential to upend established economic and commercial paradigms, and it might be especially useful in emerging markets including international trade, taxes, supply chain management, corporate operations, and governance.
When coupled with cryptographically secure tagging, blockchain can provide genuinely unique IDs and irreversible records, making it easier and less costly for suppliers and consumers to conduct verifiable transactions. As a result, the convergence of blockchain-enabled distributed trust with a range of Fourth Industrial Revolution technologies would fundamentally alter whole ecosystems.
Rest at Source: https://news.todayq.com/analysis/is-blockchain-the-fourth-industrial-revolution-after-artificial-intelligence/
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About Bheka Huya 
Man Bheka, Man Bheka, Voh Bheke Hawa Se Aye....
1 connections, 0 recommendations, 15 honor points.Joined APSense since, July 19th, 2021, From California, United States.
Created on Aug 1st 2021 09:26. Viewed 410 times.
