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Blockchain breakdown: What is it, and what’s all the fuss?

2 years ago acloudguru.com

Summary: This is a summary of an article originally published by the source. Read the full original article here →

Blockchain – it’s one of those buzzwords we’ve all heard thrown around alongside ‘revolutionary’ and ‘groundbreaking’ and ‘disruptive’. In this article, we break down what blockchain is, what it can be used for, and how companies are using blockchain to innovate.

But before you rush to switch your business data to blockchain, it’s worth considering some of the downsides.

There are two main types of blockchain developers: Core blockchain developers: This role develops and optimizes the architecture of blockchain systems.

Blockchain software developers: This role develops and implements the designs planned out by the core blockchain developer, like decentralized applications (dApps) and smart contracts based on blockchain technology.

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