CHAPTER 16LEVEL 3 SKILLS: AND THE FUTURE OF WORK IS…
The digital economy has become an increasingly significant contributor to global GDP, with the internet economy growing at an astonishing pace. As we embark on the next phase of technological advances, we are on the verge of a transformative era that will redefine the way we work. At the heart of this groundbreaking technology lies a term that may have seemed like a passing trend but is now poised to revolutionize numerous industries: blockchain.
I must admit that, in the early days, I was among the skeptics who questioned the potential of blockchain. The space was rife with dubious activities and characterized by a Wild West mentality. However, over time, I have come to recognize the immense value and potential that blockchain offers.
So, what exactly is blockchain? At its core, a blockchain is a digital ledger used to record information or transactions. It operates in the same way as a traditional ledger or spreadsheet but differs in that it is decentralized and distributed across multiple computers. This decentralization ensures that there is no single point of control or failure, making blockchain highly secure and resistant to tampering.
Imagine a chain of digital blocks, with each block containing a record of something significant. Once a new transaction or piece of information is added to a block, it becomes an immutable part of the chain. This permanence and immutability create a transparent and unchangeable record ...
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