Title: Blockchain Technology
1www.thebitfort.com
2BLOCKCHAIN
TECHNOLOGY
www.thebitfort.com
3What Is Blockchain?
Blockchain was a process that was associated with
bitcoin when it initially arrived. But now,
experts understand that it can play a large role
on its own. In essence, blockchain is a
tamper-proof ledge of economic transactions which
can be programmed to record any information of
value.
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4How Does Blockchain Work?
To get a basic understanding of blockchain,
imagine a Google spreadsheet is duplicated
multiple times across a network and is then
updated on a regular basis. This ensures that the
data is accessible to everyone and is verifiable.
Since the data is not centralized, it is
impossible for hack or corrupt.
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5Why Use Blockchain?
- Blockchain has become a medium that has the
highest level of accountability. The network is
in a constant state of consensus, one which
checks itself every 10 minutes. Moreover, it has
two crucial characteristics - Transparency Information recorded in the network
is available for public access - Incorruptibility Since information is shared
among multiple users you would need a substantial
amount of computer power to override an entire
network.
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6Where Can It Be Used?
Right now, blockchain technology is being used at
bitcoin exchange, but can be used in any field
where information needs to be recorded.
Presently, the finance sector has the highest
demand for blockchain programmers as there is a
significant need to eliminate middle-men in
during the process of transactions.
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7About Us
Established in 2016, BITFORT is a Singapore Based
Company dedicated to serve as a Trustworthy and
Convenient Platform for Buying, Selling, Storing
and Transferring Bitcoins. BITFORT aspires to be
an Accountable Partner for Crypto Enthusiasts to
navigate and explore the potentials of this new
booming economy of Bitcoin and Digital
Assets. BITFORT's wallet provides a unique
combination of wallet services to hold Bitcoins
and Exchange facility to Sell BUY BTC with
Local Currencies. Reckoning operative forces in
APAC MENA countries through channel partners,
BITFORT expertizes in application based
Blockchain technologies such as Bitcoin,
Cryptoasset Wallet Exchanges, Trading Platform
and Crytpo Mining Ventures.
www.thebitfort.com
8CONTACT US HERE