The philosophy of the blockchain

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(Edited)


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Greetings in a previous publication under the context of new technology I mention that trends make it possible for new technologies to converge with the potential to prove themselves as disruptive technologies, what is sought in our era is to improve the quality of life of women people across the board and reduce processes to carry out a function. In the case of the natural world, we have a great variety of contributions to creation, innovation and quality focused on researchers who have been inspired by the way in which the fruit fly organizes its tiny capillary structures, to feel and listen to the world to improving the design of distributed computer applications is a source of inspiration that later becomes a technological trend that defines a culture of a society, as a starting point to an era of digital ecosystems and the use of blockchain.


Throughout history and the relationship between culture and its trade after a simple barter, each culture had the need to create its currency as a form of payment which supported its society as something representative, now well in 1729 John Law invented the banknote with the technology available at that time in history, making it possible to change the philosophy of commerce, payment signature, new banking entities, the value of metals gold, silver, everything adds a level of confidence. Since the creation and innovation of Bitcoin, it came to change paradigms of the entire traditional philosophy, since it is a reality not only economically, since the code that manages it (blockchain) can be used in various aspects, without restrictions and without intermediaries. , is the most influential cryptocurrency or digital asset in the new era of technological and cultural globalization worldwide.


One of many starting points of this paradigm-breaking philosophy is that what results in more decentralized organizations whose decisions are made based on the consensus of its members and many operations are carried out in an automated way, a reorganization inspired by the philosophy blockchain, decentralization, digital asset, where they converge in the blockchain which also allows the registration of information in a decentralized way, where the information is recorded by everyone, but at the same time it does not belong to anyone, thus eliminating intermediaries, the more this asset is used digital in various transactions we give you your confidence, also that confidence to risk investing in it.


This philosophy shows us a reality and the rationality of leaving a monetary system away from the hands of a government, a quite libertarian idea, conventional controlled economic models, our reality today there are enough payment methods that money such as: from the Smartphone, bitcoins.


At the level of the economic base of cryptocurrencies is blockchain technology, which brings profound innovations to industries, especially to the financial industry, used as MakerDAO's stablecoin, Dai, the world's first impartial currency, is based on the blockchain of Ethereum, with a purpose that breaks paradigm, since it is resistant to hyperinflation, it is interesting to analyze it from all aspects. As new groups of transactions are requested, they are processed in blocks and registered in the database so that everyone in the world can see it more reliable, every day the block chain is born and innovated with new technology to improve the use of cryptocurrencies.


At a technological level we have the Blockchain Wallet API: to use this API since January 1, it is necessary to install a local server to manage the virtual wallet, where the communication method used is based on HTTP POST calls or GET. As part of technology-based information in this context.


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3 comments
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Greetings partner, thank you for sharing your content showing from another perspective the importance of the blockchain and its cryptocurrencies as part of our digital age.

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