Features of the use of Blockchain Technology in the Economy

Abstract

The paper also describes the main technological aspects and principles of the blockchain, which allows us to evaluate the use cases presented. After all, throughout history you can see evidence of the ability to change the value of a business. Today’s Internet serves as a digital marketplace, a platform for economic activity and a repository of virtually all human knowledge. The authors describe the main stages of evaluating a potential idea regarding the main aspects of the blockchain. This helps to understand the need to develop a detailed model of the feasibility of a blockchain. The overarching theme is that an increasing number of daily transactions involving money, stocks, and valuable documents can begin to be transmitted through distributed network registers based on a chain of blocks with cryptographic protection and with a better level of detail.