I have read some articles pertaining to the capability of a blockchain. technology. I understand that a blockchain one cryptocurrency has, is almost improbable to be hacked because its records and or ledgers is not simply stored on a single place but on a huge number of computers. It even came up to the point were some of the biggest companies like IBM and J.P Morgan to introduce this kind of technology.
My question is that, how impenatrable is a blockchain technology that hackers cannot just simply invade it? Also, is it possible that this technology be used by most companies to provide a faster transaction as compared to banks.
What are your thoughts guys?
Topic: Blockchain thoughts (Read 149 times)
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