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Disruptive Potential of Blockchain

Blockchain platforms generally consist of thousands or even millions of interconnected computers. Any data to be stored is validated first by those computers.

By
RICO USTHAVIA FRANS
· 1 minutes read
Ilustrasi bitcoin, 2015.
REUTERS/DAVID GRAY

Ilustrasi bitcoin, 2015.

Many people claim they know about blockchain, but there are only a few who really understand and realize its potential and impact. Blockchain is not just about Bitcoin. Blockchain is an application of distributed ledger technology that allows distributed processing work independently without a central authority. Bitcoin is just one of its uses.

What is a distributed logging system? If you get married at the registry office, your marriage records will be kept there. To check your marital status, one should ask the civil registry office as the central institution that records it. This is an example of a centralized record-keeping system.

Editor:
NASRULLAH NARA
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