A Bit About Blockchain

The “Bitcoin revolution” has taken the entire world by storm and has brought forward concepts that were previously little-known. Take for instance, blockchain technology – while the technology has been in the news since 2008 (on a concept that is in fact decades old), it is only because of the recent meteoric rise in Bitcoin rates that blockchain has come to the forefront. In fact, Bitcoin would never have gained the reputation it did if it wasn’t for blockchain!

Google search requests for “blockchain” have increased by a record 250% and has put it right beside some of the most famous personalities and celebrities out there. Major companies, retail chains, and even governments are considered incorporating the system in a way that profits them. Ironically, the way blockchain works is still a mystery to many.

So what is blockchain after all? And why is there so much hype around it? This is what we want to explore this time around.

What is Blockchain?

Blockchain is defined by Investopedia as,

“a digitized, decentralized, public ledger of all cryptocurrency transactions.”

As the name itself implies, blockchain consists of several “blocks” (each of which contains a record of new transactions – be it a cryptocurrency, or some kind of data), which is added one-by-one like chain, thereby creating a blockchain.

Put more simply, one can explain in it terms of the internet – just as the internet allows free flow of information from one person to another without the need of any third person, blockchain technology allows transfer of cryptocurrency from one person to another without any third party (like a bank).

What makes Blockchain so popular?

The thing that sets blockchain apart from any other means of the transaction is the fact that it offers transparency and security – both at the same time, and without the need for any financial middleman (such as a bank) and even entire governments. Blockchain and cryptocurrency allows every user to track any transaction that they ever made, since they’re all stored in the blocks.

The second thing that makes blockchain ideal is the fact that it is tamper-proof – data once written on a block cannot ever be erased or even manipulated, which allows for easy tracking and prevents malicious activities for gaining any ground.

Does Blockchain have a future?

This is a question that is there on the minds of many. While several banks and even governments claim blockchain and cryptocurrency to be a “passing fad,” it is actually anything but that. The transparency and tamper-proof nature of blockchain technology means that it has the power to disrupt practically any industry that needs to transfer data (monetary or not) from one point to the other. A lot can be stored on blocks – from medical records and confidential files to legal files and evidence, among others.

Last but certainly not least, blockchain is decentralized. This means it requires no “facilitator” to function and also means data is more secure. With data spread out in blockchains, it is harder for hackers to target and access specific bits of information. In short this is good news for anyone who would want a middleman-free transaction with more security. And, who wouldn’t? This may also be the security our society needs in a time of high-level cyber-attacks and hacking but, only time will tell.

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These guys do a phenomenal job with our company. Very knowledgeable and bright, our organization had around 35 employees when we started and weve grown our service business to 50 plus employees. We love the personal touch that leads on line offers, unlike a lot of the large corporate seo and sem marketing companies. We would highly recommend if youre looking to grow

These guys do a phenomenal job with our company. Very knowledgeable and bright, our organization had around 35 employees when we started and weve grown our service business to 50 plus employees. We …

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These guys more than pay for themselves with the it results. Excellent data every month too.

These guys more than pay for themselves with the it results. Excellent data every month too.

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Best web marketing company I have delt with in the area.

Best web marketing company I have delt with in the area.

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Ricky and his crew are GREAT to work with. I had the pleasure of starting working with Ricky 45 years ago, and it has been problem free. 5 all the way

Ricky and his crew are GREAT to work with. I had the pleasure of starting working with Ricky 45 years ago, and it has been problem free. 5 all the way

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This company has helped my business grow since the very beginning We have 3 retail locations now and we are still growing. Results are transparent and easy to follow. Also would like to mention that you can view your reports or login to view your results as you go Been letting these guys do my advertising for over 4 years. Wouldn't go anywhere else

This company has helped my business grow since the very beginning We have 3 retail locations now and we are still growing. Results are transparent and easy to follow. Also would like to …

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I just started working with Leads Online Marketing although my company has been with them for several years. I'm already very impressed with Ricky and his team. I look forward to seeing where this partnership takes us.

I just started working with Leads Online Marketing although my company has been with them for several years. I'm already very impressed with Ricky and his team. I look forward to seeing where …

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Ricky and his staff have been amazing to work with My company has really reaped the benefits of using Leads as our online marketing company.

Ricky and his staff have been amazing to work with My company has really reaped the benefits of using Leads as our online marketing company.

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Ricky and his staff have been amazing to work with My company has really reaped the benefits of using Leads as our online marketing company.

Ricky and his staff have been amazing to work with My company has really reaped the benefits of using Leads as our online marketing company.

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Last March I had an appointment with Lead Online Marketing. Thinking this was just another advertiser promising me the moon I still decided to sit down and talk with Ricky. To my pleasant surprise he was very up front about what he could and could not do. Many other marketers are disingenuous. Once deciding to go with Ricky and his team my website was on the first page of Google organically within 4 months and is now a mainstay there thanks to the great communication and effort from the 'tech' side of Leads online marketing Chris. Chris is great to work with and has done a fantastic job for us. In fact they have done so well for us last year I had them take over my PPC campaign. Last February we had 3 leads total for the month. Today is the 5th of February and I have 16 on schedule. We are coming up on 1 year with Leads Online Marketing and very pleased with my investment and how they are very responsive and courteous to us. Bottom line We are being found online by our customers and business is good Highly recommend

Last March I had an appointment with Lead Online Marketing. Thinking this was just another advertiser promising me the moon I still decided to sit down and talk with Ricky. To my pleasant …

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The leads group has increased my business. Lots of people talk but few deliver like this group. Sit down with Rick and tell him what your short and long term goals are and they will put a plan together that really works. My customer base has increased almost 35 in the two years I have been with Leads and my only regret is not using them sooner..

The leads group has increased my business. Lots of people talk but few deliver like this group. Sit down with Rick and tell him what your short and long term goals are and …

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Exceptional team, with great resultsBest marketing group in CLT.

Exceptional team, with great resultsBest marketing group in CLT.

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Leads Online Marketing built our website and has been in charge of our internet marketing at Ballantyne Plastic Surgery for the past few years. They have far exceeded what any company has done for us in the past. Ricky and his staff are knowledgable, responsive to our questions, and honest. I highly recommend them.

Leads Online Marketing built our website and has been in charge of our internet marketing at Ballantyne Plastic Surgery for the past few years. They have far exceeded what any company has done …

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Ricky and his staff at Leads Online Marketing are some of the best people you will ever come across. I am so glad that I got introduced to Ricky almost a year ago. I was looking to do a website and just did not know who , where or what to trust. Luckily, I came across Ricky. His staff is always looking for ideas to help my business. Their web pages are A in design, simplicity, and getting the necessary traffic to your site. They are always on top of things. Whether it is info for your blog or just helpful reminders of social networking ideas. I would highly recommend Leads Online Marketing for all of your online needs.

Ricky and his staff at Leads Online Marketing are some of the best people you will ever come across. I am so glad that I got introduced to Ricky almost a year ago. …

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Any business owner who experienced the startup process of launching a website knows how difficult the job is. Thankfully, a friend of mine recommended Leads Online Marketing in Charlotte. I hired them to …

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Owner operator Ricky is the best , I was always sceptical of these marketing company's and never would have thought of spending my hard earned money on these things until I met lRicky I have been harassed cold called emailed and down right irritated by so called company's that were going to build my business, but with leads I met with Ricky he showed me what he could do , spent a great deal of time with me at no charge and no pressure and left it as call me if your interested, no bull just straight up honesty , he has built me an incredible website , increased my business and at an extremely affordable price I have links and sites , even social media pages I didn't even know existed and the best part he's a regular guy , we talked business over a beer at the cigar bar right up the road, again no corporate bs just results , check him out you won't be disappointed

Owner operator Ricky is the best , I was always sceptical of these marketing company's and never would have thought of spending my hard earned money on these things until I met lRicky …

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Leads Online created an exceptional website for my company and the value has been staggering. Their continued efforts to drive our website traffic in a cost effective manner has produced significant measured results. …

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