Blockchain Users

Blockchain Users




That’s the thing, you don’t actually have to know about the blockchain for it to be useful in your life.

Finance offers the strongest use cases for the technology. International remittances, for instance. The World Bank estimates that over $430 billion US in money transfers were sent in 2015. With a huge demand for blockchain developers.

The blockchain potentially cuts out the middleman for these types of transactions. Personal computing became accessible to the general public with the invention of the Graphical User Interface (GUI). Similarly, the most common GUI devised for the blockchain is called wallet applications, which people use to buy things and store it along with other cryptocurrencies.

Transactions online are closely connected to the processes of identity verification. It is easy to imagine that wallet apps will transform in the coming years to include other types of identity management.

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