From Horse Carts to Cryptocurrency: The Irresistible Rise of Blockchain Mastery (Part-1).

Why study blockchain?

The basic answer to this issue is the fact that we should study blockchain since it is a disruptive technology, which means it has entirely and successfully replaced previous techniques. For example, we used "horse carts" for transportation in the past, but as technology advanced, the notion of "cars" was invented, entirely replacing the previous means of transportation, which was horse carts.Similarly, the development of the Internet has made communication easier and faster.

As each coin has two phases, the Internet has both benefits and drawbacks. One of the biggest disadvantages is that as the internet evolves, anything becomes more accessible, allowing anybody to access data and raising trust concerns.For example, if we order a branded coffee from a well-known establishment, we have no idea if the coffee is genuine or whether the things are fake because there is no security or quality check in place. So, the idea of blockchain eliminates the primary shortcoming of the internet, which is security and trust. So, in today's environment, studying blockchain is critical.

Learning about blockchain is critical in today's technology scene. Blockchain's decentralisation improves security, transparency, and efficiency. It introduces smart contracts, which simplify agreements, as well as tokenization, which allows digital representation of real-world assets. With the introduction of cryptocurrencies such as Bitcoin and Ethereum, blockchain presents potential for innovation and enterprise. Its effect extends beyond finance to address global concerns and create different job possibilities. Understanding the blockchain is critical for navigating the developing digital environment as decentralised systems gain popularity.