Blockchain. Everything you want to know
Blockchain
Blockchain is a technology used to keep ledger records of specific industries or companies in a decentralized manner. This technology powers cryptocurrency. Peter Smith is CEO and CO-Founder at Blockchain. And at United Kingdom finance he is also a board member and director. It was set afloat nearly 10 years ago. And was created by an unknown person behind bitcoin. And he was showing his name as Satoshi Nakamoto. Usually, blockchain is not headed by one or two persons as its name shows like block and chain. It means a chain made up of a lot of blocks. But it’s a digital word and is used in this field. It is made by several companies or industries of a specific purpose or field.Who uses Blockchain.
Big companies like Amazon and also big banks use it for easy and modified processing. Amazon uses it as Amazon managed blockchain service. It provides an easy guide to create and manage the blockchain network. You have to create and run managed blockchain once. After that, it will be so easy to maintain and manage your network. A lot of banks uses this method also. Banks include woori bank, US bank, Natixis, KEB hana bank, Shinan bank, KB kookmen bank, DNB, CIBC and KBC. We have mentioned some popular banks in this list. There are also a lot of banks who avail themselves of this service or idea.Is Blockchain the future?
It is possible that this technology will be seen as the most important innovation because all types of cryptocurrencies use distributed ledger technology called Blockchain. Blockchain and cloud technology both have a lot of importance these days. And in the coming days there will be huge boom in their demand and use.What is Edge Computing? A detailed note with examples.
What is Edge Computing?
Edge computing is a procedure of decentralization of processing power by facilitating the internet of things and mobile computing.
Instead of being transferred to a data center, data is being operated by a private or local server in Edge Computing. It is a process of handling data itself by a company or organization with its own server or computer.
What is Edge Computing used for?
It is used for bringing computing closer to the source of data by a computer or server itself to save a long procedure and distance. It helps us save time and bandwidth.
Edge Computing has a lot of advantages such as to improve the reliability and effectiveness of the business, protecting the network, and computer resources. It helps to secure data more effectively.
It is a very responsive and reliable method of computing technology adopted by local governments and industries. Canada has the most powerful and large networked system in the world.
Edge Computing help reduces tension and saves time. It helps governments and big authorities decrease their workload and management problems.
Edge computing in Future
Predictors and future analysts have said that by 2025, 75% of the people will be using the edge. And after 5 years it will cover the whole tech cloud.
Everyone wants quick access and quick response and this method helps people meet their necessities. It ensures more privacy and security. In the future people will be using this method to save their time and also distance. Edge Computing has a bright future as a lot of people are talking about this.
Examples
We can find examples of Edge Computing everywhere around us. And these are increasing day by day. Some examples are given below to enhance and clear your thoughts about this technology.
We can find it everywhere like
Cars
Bulbs
Drones
Vehicles
Smart homes
Automated machines.