Akshay Gokalgandhi

The question that everyone wants to discuss today is about The Future of Blockchain .  Everybody has had enough of jargans , quotes and gyaan from friends and family about investments in Bitcoins and Cryptocurrencies.  "Is Bitcoin a bubble waiting to burst?" asked many. It could be true or not. I am not going to talk about that in this post of mine. But the base technology is different! It is meant for decentralisation and reducing the transaction times in various fields. You read about so many cryptocurrencies today, they are all over the press. Many frauds and many successful fund raisings. That's not it! There is something much bigger going on than just these currencies and tokens. While the media is busy speculating the future or values of these currencies, beneath all this the developers are trying to solve something important. They have mixed various technologies like, cryptography &  gamification  they have been able to create a system of untra...

What is Blockchain : Haven't we all come across this term repeatedly? Maybe a colleague in the office or a friend at the tea stall just kept bloating the fact that he made $1 above his investment in Bitcoins (BTC) . Well he made that money because of the technology that supports these tokens. So "What is Blockchain ?" after all! Is Blockchain software? Is Blockchain a MLM chain? Is Blockchain some new kind of technology? So what is it? " Blockchain " is a digital diary. Just like the one that your parents keep to maintain accounts with your local kiranawalla . The same diary that your parents maintain and a copy of it is stored by the shopkeeper. Both of them maintain a list of products purchased independently. When you ran down the store to buy a pack of bread the shopkeeper made an entry and then your mom made one back at home. Sometime both of you signed against each others entries to ensure that both of you agreed upon the entry made in the ledg...