In recent years, interest in Bitcoin and Blockchain has grown a lot.\u202fHowever, these terms can be confusing and it is often difficult to imagine the practical application of each one of them. For this reason, below we clarify its concepts and highlight its main characteristics. <\/p>\n\n\n\n
Bitcoin is a cryptocurrency, a digital currency based on cryptographic technologies, which was created in 2009. To this day, it is not known who its inventor is, since the first publication on the subject was made using the pseudonym Satoshi Nakamoto<\/em> \u2013 the real inventor was never made public. <\/p>\n\n\n\n It is a currency without central regulation: it is not issued by a country\/state. Thus, allows transactions to take place without intermediaries (banks) and in the most complete anonymity. You can use Bitcoin as a payment method in several establishments that already accept it. <\/p>\n\n\n\n The currency is famous due to the huge amount of people trying to get rich at its expense, buying and selling Bitcoins \u2013 its value has increased significantly since 2009. And, although it seems complicated or distant, blockchain is an available solution that can be used in the most varied software development projects. <\/p>\n\n\n\n Although we talk so much about Bitcoin, Blockchain is much more interesting. It is the technology that supports Bitcoin and other cryptocurrencies and that seems to be leading us to a new generation of Internet solutions, called Decentralized Web<\/em><\/a> <\/em>or Web 3<\/em><\/a>.<\/em> <\/p>\n\n\n\n There is nothing incredibly new about this technology: Blockchain is based on the internet that we already know, combined with cryptographic concepts that also already existed. The difference is the architecture of the solution, which allows creating a decentralized network in which it is possible to trust the results, even without guaranteeing that all network agents are reliable. <\/p>\n\n\n\n Blockchain is not only for cryptocurrencies, but for any solution that can take advantage of its characteristics: being decentralized, providing trust and immutability, keeping records. <\/p>\n\n\n\n By now you might be wondering: Blockchain can be used for a lot! Let\u2019s see: <\/p>\n\n\n\n Although it seems complicated, Blockchain is an available solution that can be used in the most varied Software Development<\/a> projects. However, to build a solution that uses this technology, you first need to identify what its features are and how Blockchain can help you with that, and then you need to assess whether it is best to use Blockchain, a Fork or even a platform on top of the Blockchain. <\/p>\n\n\n\n A Fork is a Blockchain variation that changes some of its operating rules. Depending on the application, there are specific Forks that may serve better. A Platform is one of the thousands of solutions that are already being developed using the Blockchain but with ready-made functions: there are specialized platforms for Smart Contracts, for Identification, etc.<\/p>\n\n\n\n The most knowledgeable people here at SoftDesign suggest the following sources if you want to learn more about Bitcoin and Blockchain: <\/p>\n\n\n\n Thinking about using Blockchain Technology in a digital product? Fill out the form below so we can help you! <\/strong><\/p>\n\n\n\n \n Experience having a reliable partner to your IT challenges. Let’s talk about our unique approach to discover and deliver outstanding solutions. <\/p>\n What is Special About Bitcoin?<\/h3>\n\n\n\n
What About the Blockchain?<\/h3>\n\n\n\n
What Can You Do With Blockchain?<\/h3>\n\n\n\n
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How Do I Use Blockchain in a Project?<\/h3>\n\n\n\n
Were to Learn More? <\/h3>\n\n\n\n
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\n Let’s build exceptional software solutions together! <\/h2>\n