Blockchain Technology Will Be The Future Of Digital Payments.
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Blockchain Technology Will Be The Future 
Of Digital Payments.
Financial technology had seen the most revolutionary change in the year 2009 
when the world got to know about Blockchain technology. This is a distributed 
ledger technology that aims at promoting transactions without the assistance of 
third-party. Since our conventional method of transaction rely on third-party, there 
are a number of challenges like delayed transactions, double spending, costly 
transaction medium, time-consuming, and data security. All these triggered the 
demand for a technology that can ensure faster transaction while ensuring cost-
effectiveness and reducing the probability of errors. 
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Here comes the role of Blockchain technology. This revolutionary technology 
works on a peer-to-peer network where both the parties directly interact with each 
other without the interference of third-party. Another essential point that makes 
this technology so popular is because all the data stored on this platform are 
encrypted cryptographically, thus ensuring complete data safety.
 
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How Is Blockchain Technology Going To Impact
The Digital Payment
We have mentioned above that Blockchain technology is the revolution in the 
world of finance. The transactions that were done previously using third-party 
platforms make our data lie astray in the virtual world, and at the same time, it 
makes it easier for the hackers to attack the on the data easily. This increases the 
probability of malicious acts like data hacking and phishing. So, what's the way 
out?
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Well, the solution lies in Blockchain technology. This distributed ledger technology 
paves the way for a lot of development in the field of financial technology. It 
advanced version like Hyperledger, Corda, Quorum, etc., all provide enterprise 
solutions for digital payment. These Blockchain platforms are permissioned, unlike 
the public Blockchain, where anyone could be a part of the network.  Thus making 
it more apprehensive. Comparatively, the advanced version of Blockchain like 
Hyperledger, and Corda are permissioned, and authorities govern them, thus it 
offers a blend of decentralization and at the same time the security of information. 
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Also, digital payments, especially the cross-border payments, take a lot of time 
which is not the case with Blockchain technology. It ensures faster transactions, 
and that too at a lesser processing fee.
 So, with this set of advantages and benefits of Blockchain technology, it becomes 
easier for people to execute digital payments.
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Conclusion-Because of the revolutionary transformations which Blockchain 
technology has brought with it, there has been a great demand for 
Blockchain professionals who can bring the best of their actionable knowledge and 
leverage the same when required.
If you are also planning to become a Blockchain expert, and are willing to pursue 
Blockchain certification programs, then you must consider choosing the online 
Blockchain courses offered by Blockchain Council.  It is a renowned platform 
offering certification courses for Blockchain and allied technology.
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The future lies with Blockchain, and it's a fact. Blockchain is now working in sync 
with other technologies like AI, ML, IoT etc. with all this and much more, 
Blockchain holds a lot of prospects for both the employer and the employee. 
Hence, if you wish to upskill yourself and want to master this technology, 
Blockchain Course is a must for you. 
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Blockchain Council Certifications
You can check out our certifications, and kick start your career in the Blockchain 
space today.
● Certified Blockchain Expert
● Certified Blockchain Developer
● Certified Smart Contract Developer
● Certified Solidity Developer
● Certified Ethereum Developer
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THANK YOU!
Any questions?
You can mail us at
[email protected]
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