Why does blockchain technology excite you?
Answer / Iltifat Ali Khan
Blockchain technology excites me because of its potential to transform various industries by offering a secure, transparent, and decentralized way of recording and verifying transactions. Its ability to create trust without the need for intermediaries can lead to increased efficiency, reduced costs, and enhanced security.
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When talking about “verifying” a transaction, what are miners verifying? Do they look at the transaction manually?
What type of records can be kept in blockchain? Is there any restriction on the same?
What guarantees that a supply chain transaction is “valid” if there is no one checking that the delivered mass equals what the system says?
Explain the significance of blind signature and how it is useful?
What are the types of blockchains?
What is difference between dao and service?
Why do we need decentralized systems?
State difference between proof of stake and proof of work?
Is it true that a block in the blockchain can never have more than one parent block?
Explain a real-time blockchain use case?
What is transparent and incorruptible in blockchain?
What do you know about blockchain?