Blockchain Technology: More Than Just Bitcoin
Mr. Tan Monivisal is an alumni member and Junior Researcher at Cambodia Development Center.
Bitcoin, the first ever cryptocurrency, has dominated the list of top digital currencies and still has the highest value in terms of global market capitalization. Currently, almost 3,000 cryptocurrencies are active in market capitalization, wherein Bitcoin ranks first among all of them, followed by ETH (the Ethereum), XRP (Ripple Currency) and Bitcoin Cash.
But what lays the foundation of cryptocurrency is blockchain technology, one of the core elements of the fourth industrial revolution, which has the potential to disrupt various industries and fields. Also, it is common to see that the terms “Bitcoin” and “Blockchain” are used interchangeably, despite the fact that Bitcoin is powered by blockchain.
To promote a general understanding of blockchain, this aide-mémoire will therefore provide a fundamental comprehension and discussion of the technology, its potentials and challenges across different sectors, industries, and fields.
Please see the article below for more concrete details: