Top 9 Unknown Facts of Blockchain Technology that Everyone Should Know

   2020-07-30       40        Technology News
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Here, we have mentioned some of the unknown interesting facts about the blockchain technology that everyone should know this.

In recent years, the market for blockchain technology has tremendous growth due to the usage of cryptocurrency transactions and it can destroy the other industries.

The below-mentioned list is the top 9 interesting facts about the blockchain technology that everyone should know.

1. The Inventor of Blockchain and Bitcoin

Satoshi Nakamoto is the person who invented both bitcoin and blockchain technology. But nobody knows the identity of Satoshi Nakamoto. But, some of the people have imagined that a man of Japanese – American origin from Temple City, Los Angeles named Dorian Satoshi Nakamoto who is the father of Bitcoin. Many coincidences have happened at that time. For Example, a computer scientist – Hal Finney, who is the neighbor to Nakamoto was the first person to receive a bitcoin transaction. But Dorian Satoshi Nakamoto denied it at that time. So, we are yet to find the true identity of the bitcoin inventor.

2. Top 3 Crypto-friendly and Blockchain Countries

Switzerland, Gibraltar, and Malta are the three most recommended blockchain and crypto-friendly countries in the world. When it comes to the country Switzerland – they have the most stable economy in the world and also have been accepting of both blockchain and cryptocurrency. Gibraltar was the first-ever country to introduced and facilitate trading by the way of cryptocurrency for establishing a financial service commission. The main aim of this commission is to provide a license for ICO Operations. It also keeps on track of the organizations which deal with crypto. Malta is a famous place for blockchain and cryptocurrency. Malta is commonly called as the blockchain island and is considered as the hub for the blockchain development. It is considered as the birthplace for the blockchain and many crypto companies. It is the first choice who are ready to start your business and work in the blockchain sphere.

3. Countries Focusing on Official Crypto Development

Passing the phase of initial Pyrrhonism, go"

Author Signature :

I am Tim Josh, working as a freelance technical content writer with having more than 3 years of experience. My interests are blogging, traveling, and photography.

Tim Josh

I am Tim Josh, Working as a Digital Marketing Analyst at Osiz Technologies having 3 years of experience. My Interests are blogging, pencil sketching and traveling...

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