Bitcoin only uses blockchain as a means to transparently record payment ledgers.

  Blockchain technology was first proposed by Stuart Haber and W. Scott Stornetta in 1991. These two researchers hope to realize a system in which document timestamps cannot be tampered with. But it was not until nearly 20 years later, with the launch of Bitcoin in January 2009, that the blockchain had its first real-world application.As it happens, many people are killed Bclub And bring more benefits, make it flourish, and promote the industry greatly. https://www.bclubtk.us/

  

  Bitcoin protocol is built on the blockchain. In a research paper introducing digital currency, Satoshi Nakamoto, the anonymous creator of Bitcoin, called it “a completely peer-to-peer new electronic cash system with no trusted third party”.

  

  The key to understand here is that Bitcoin only uses blockchain as a means to transparently record payment ledgers, but in theory, blockchain can be used to record any number of data points immutable. As mentioned above, this may take the form of transaction, election voting, product inventory, state identification, housing contract, etc.

  

  At present, tens of thousands of projects are seeking to implement blockchain in various ways to help society, not just to record transactions!for example, as a way to vote safely in democratic elections. The unchangeable nature of blockchain means that fraudulent voting will become more difficult to happen. For example, the voting system can make every citizen of a country get an encrypted currency or token.

  

  Then, each candidate will get a specific wallet address, and voters will send their tokens or encrypted currency to the address of which candidate they want to vote for. The transparency and traceability of blockchain will eliminate the need for manual vote counting and the ability of bad actors to tamper with physical votes.