Thailand is a country that recognizes and uses Blockchain technology. This article shares information about the state of blockchain in Thailand. You will find out what blockchain is, how it can be used, and why Thai businesses use it.
The Basics of Blockchain
If you’re new to the world of blockchain, this section is for you. Here, we’ll cover the basics of what blockchain is and how it works. We’ll also touch on some of the most popular applications of blockchain technology so far.
So, what is blockchain? At its simplest, blockchain is a distributed database that allows for secure, transparent and tamper-proof record-keeping. It’s made up of a series of interconnected blocks, each of which contains a cryptographic hash of the previous block, a timestamp and transaction data.
Blockchain is often said to be the foundation for a new type of internet, one that is more secure,…