THE FUTURE OF BLOCKCHAIN AND IT'S APPLICATIONS
Exhibit|January 2021
Blockchain as a technology has seen a rapid gain in prominence over the years and is being continually incorporated into business solutions with the sole purpose of ensuring greater security.
Advait Berde
THE FUTURE OF BLOCKCHAIN AND IT'S APPLICATIONS

While blockchain is a widely discussed and accepted concept, there is hardly a direct and simplified definition of its fundamentals and applications. So what is blockchain?

UNDERSTANDING THE BASICS:

To put it simply, blockchain is just a modified database. While database stores all data collectively, blockchain segregates it into “blocks” that are then “chained” together. Each block has a specific capacity and when it is filled, another block is created and the two are linked together. This goes on for as long as there is data input, ensuring that all the data is systematically stored. Not just that, as soon as a block fills up, it imprints an exact timestamp in the system, thus making it incorruptible. Blockchain isn’t a modern concept, either. It was first conceptualized in 1982 by cryptographer David Chaum, who first introduced a blockchain-like protocol in his dissertation, “Computer Systems Established, Maintained, and Trusted by Mutually Suspicious Groups.

PRIMARY APPLICATIONS:

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM EXHIBITView all
TOP 3 AUDIOPHILES - TOP 3 EARBUDS
Exhibit

TOP 3 AUDIOPHILES - TOP 3 EARBUDS

APPLE AIRPODS PRO 2, SONY WF-1000XM5, SAMSUNG GALAXY BUDS3 PRO

time-read
1 min  |
November 2024
TOP 3 SCREEN ADVENTURES - TOP 3 TVS
Exhibit

TOP 3 SCREEN ADVENTURES - TOP 3 TVS

SONY BRAVIA 2 43-INCH GOOGLE TV, XIAOMI MI 55-INCH OLED TV, SAMSUNG 65-INCH 4K SMART OLED TV

time-read
1 min  |
November 2024
TOP 3 SHUTTERBUGS - TOP CAMERAS AND ACCESSORIES
Exhibit

TOP 3 SHUTTERBUGS - TOP CAMERAS AND ACCESSORIES

DJI RS 3 MINI, SONY ALPHA 7 IV, LEICA Q3 43

time-read
1 min  |
November 2024
TOP 3 TRENDSETTERS SMART WATCHES
Exhibit

TOP 3 TRENDSETTERS SMART WATCHES

APPLE WATCH SERIES 10, SAMSUNG GALAXY WATCH 7, ONEPLUS WATCH 2

time-read
1 min  |
November 2024
TOP 3 SMARTPHONES (UNDER 50K)
Exhibit

TOP 3 SMARTPHONES (UNDER 50K)

POCO F6, ONEPLUS NORD 4, INFINIX GT20 PRO

time-read
1 min  |
November 2024
TOP 3 SMARTPHONES (ABOVE 50K AND BELOW 1 LAC)
Exhibit

TOP 3 SMARTPHONES (ABOVE 50K AND BELOW 1 LAC)

ONEPLUS 12, VIVO X100 PRO, VIVO V40 PRO

time-read
1 min  |
November 2024
TOP 3 SMARTPHONES (ABOVE 1 LAC)
Exhibit

TOP 3 SMARTPHONES (ABOVE 1 LAC)

APPLE IPHONE 16 PRO MAX, SAMSUNG GALAXY S24 ULTRA, GOOGLE PIXEL 9 PRO XL

time-read
1 min  |
November 2024
BANG FOR YOUR BUCK
Exhibit

BANG FOR YOUR BUCK

OnePlus has consistently been a reliable brand for wireless earphones, particularly in the sub-₹10,000 segment, and their latest launch, the OnePlus Nord Buds 3, stands out as a compelling option for those seeking quality audio without straining their budget.

time-read
2 mins  |
November 2024
A BUDGET-FRIENDLY PERFORMER WITH A FEW FLAWS
Exhibit

A BUDGET-FRIENDLY PERFORMER WITH A FEW FLAWS

Redmi Buds 5C stands out as an affordable TWS option with active noise cancellation (ANC), a lightweight build, and long battery life. But is it perfect?

time-read
2 mins  |
November 2024
IS THE AFFORDABLE CONVERTIBLE WORTH YOUR MONEY
Exhibit

IS THE AFFORDABLE CONVERTIBLE WORTH YOUR MONEY

The laptop space is always pretty saturated, and that makes it difficult for devices to stand out. But the Aspire 3 Spin 14 has announced itself quite convincingly as a slim convertible within the reach of students and amateur users.

time-read
2 mins  |
November 2024