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How blockchain technology is improving our daily lives by pearlie123

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· @pearlie123 ·
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How blockchain technology is improving our daily lives
https://images.hive.blog/DQmcZgptid5q2gsaVqfzgAbVAEMya5u137tHn6xWuwXtkbL/20230709_155145.jpg [Edited on Pixellab](https://www.pexels.com/photo/bitcoin-and-ethereum-commemorative-coins-14354109/)


So when asked by someone.... What's this [BLOCKCHAIN](https://leofinance.io/posts/@leoglossary/blockchain) all about, I proudly say that it is a decentralized [digital](https://leofinance.io/@leoglossary/leoglossary-digital) database. This means it could never be hacked nor controlled by one man influence as it is being linked to many computers as intermediaries. Amazing right? You need to know more, [blockchain](https://leofinance.io/posts/@leoglossary/blockchain) has come to stay, infact it has brought about tremendous change in all aspects of human existence. On a scale of importance [Web 0.2](https://leofinance.io/@leoglossary/leoglossary-web-2-0) has done well but [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) has done more and this is visible but how about we explore the various aspects of which [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) [blockchain](https://leofinance.io/posts/@leoglossary/blockchain) has influenced life's existence positively


Few important aspects like:


* *Banking sector*
* *Healthcare sector*
* *Unifying communications*
* *Programmed robots*
* *Cyber security*


Let's just deliberate on the few above


#### Banking and [Finance](https://leofinance.io/@leoglossary/leoglossary-finance):   
 Long queues at banks has been curbed drastically with the aid of this [digital](https://leofinance.io/@leoglossary/leoglossary-digital) [technology](https://leofinance.io/@leoglossary/leoglossary-technology) called blockchain. The feeling that one can actually sit in the comfort of his home, make [transactions](https://leofinance.io/@leoglossary/leoglossary-transaction) faster, efficiently and more secured makes me feel butterflies in my stomach. I can actually save my [money](https://leofinance.io/posts/@leoglossary/leoglossary-money) in a digital [wallet](https://leofinance.io/@leoglossary/leoglossary-wallet) without having to panic that I may be frauded or my account drained. With [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0), banking stress is never an option and that keeps my temperature in check, can simply make purchases and pay with [Crypto currency](https://leofinance.io/@leoglossary/cryptocurrency) from my wallet when there's no physical [cash](https://leofinance.io/@leoglossary/leoglossary-cash)
to make [payments](https://leofinance.io/@leoglossary/leoglossary-payment) with.

https://images.hive.blog/DQmcZgptid5q2gsaVqfzgAbVAEMya5u137tHn6xWuwXtkbL/20230709_155145.jpg [Edited on Pixellab](https://www.pexels.com/photo/bitcoin-and-ethereum-commemorative-coins-14354109/)


So when asked by someone.... What's this [BLOCKCHAIN](https://leofinance.io/posts/@leoglossary/blockchain) all about, I proudly say that it is a decentralized [digital](https://leofinance.io/@leoglossary/leoglossary-digital) database. This means it could never be hacked nor controlled by one man influence as it is being linked to many computers as intermediaries. Amazing right? You need to know more, [blockchain](https://leofinance.io/posts/@leoglossary/blockchain) has come to stay, infact it has brought about tremendous change in all aspects of human existence. On a scale of importance [Web 0.2](https://leofinance.io/@leoglossary/leoglossary-web-2-0) has done well but [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) has done more and this is visible but how about we explore the various aspects of which [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) [blockchain](https://leofinance.io/posts/@leoglossary/blockchain) has influenced life's existence positively


Few important aspects like:


* *Banking sector*
* *Healthcare sector*
* *Unifying communications*
* *Programmed robots*
* *Cyber security*


Let's just deliberate on the few above


#### Banking and [Finance](https://leofinance.io/@leoglossary/leoglossary-finance):   
 Long queues at banks has been curbed drastically with the aid of this [digital](https://leofinance.io/@leoglossary/leoglossary-digital) [technology](https://leofinance.io/@leoglossary/leoglossary-technology) called blockchain. The feeling that one can actually sit in the comfort of his home, make [transactions](https://leofinance.io/@leoglossary/leoglossary-transaction) faster, efficiently and more secured makes me feel butterflies in my stomach. I can actually save my [money](https://leofinance.io/posts/@leoglossary/leoglossary-money) in a digital [wallet](https://leofinance.io/@leoglossary/leoglossary-wallet) without having to panic that I may be frauded or my account drained. With [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0), banking stress is never an option and that keeps my temperature in check, can simply make purchases and pay with [Crypto currency](https://leofinance.io/@leoglossary/cryptocurrency) from my wallet when there's no physical [cash](https://leofinance.io/@leoglossary/leoglossary-cash)
to make [payments](https://leofinance.io/@leoglossary/leoglossary-payment) with.




 #### Healthcare sector: 
How about I tell you that many diagnosis are done with [blockchain](https://leofinance.io/posts/@leoglossary/blockchain) technology. Doctors do not have to go about testing to ascertain where the problem lies when actually, the scanner is available to spot an ailment. A patient's data is super safe on [blockchain] (https://leofinance.io/posts/@leoglossary/blockchain) as the medical history is more accessible and accurate. Data exchange between healthcare providers have been made possible and has helped in tracking supply chain, improving safety of drugs and curbing fake medications. Blockchain has been a patient's confidentiality as vital information concerning a patient could never be hacked into without the patient's permission


#### Unifying communications: 
With our mobile devices clearly out of the picture, can we say [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) has enhanced communication??? In the affirmative, YES. Faster, safer and more organized communication procedures has been enhanced. The various [decentralized applications](https://leofinance.io/@leoglossary/leoglossary-decentralized-applications-dapps) have further equipped communication around the globe, like take a look at **HIVE**, I'm opportuned to communicate to a world of difference individuals, people I've never met but I can proudly say I've made friends of different status, backgrounds, race and languages. People I'll love to meet like @taskmaster4450le, @geekgirl, @mattsantonyit(my hardworking hive farmer),@galenkp, @freewritehouse(my writing prompt guru), one's who've brought out the best in me and this is all made possible through communication enhanced by [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0). I think this is where all my extrovert features are well exposed and appreciated. Communication techniques has been  spearheaded by [blockchain](https://leofinance.io/posts/@leoglossary/blockchain)[technology](https://leofinance.io/@leoglossary/leoglossary-technology) and I can boldly say I'm a beneficiary.

##### Programmed robots:
Have you explored the recent robotic [markets](https://leofinance.io/@leoglossary/leoglossary-market) so far, have you noticed that apart from the use of AI in the operation of machineries like cars, refrigerators, doorbells or even buildings, [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) has employed software connectivities and sensors handling major operations. How relieving that is, knowing that most man-made activities could actually be done by well programmed robots with blockchain as their brainbox.


#### Cyber security:
And I think this is the height of it. With the aid of  [decentralized  applications](https://leofinance.io/@leoglossary/leoglossary-decentralized-applications-dapps) [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) has ensured that cyber activities are made more secured through advanced cryptography, therefore not vulnerable to cyber attacks, hacks and unauthorized changes. Since it is decentralized, it can never be subjected to being corrupted by a one man.


### Conclusion


[Blockchain](https://leofinance.io/posts/@leoglossary/blockchain) technology and it's possiblities are limitless. Looking at [Web 0.3](https://leofinance.io/@leoglossary/leoglossary-web-3-0) from this perspective, few years from now, I'm sure there must have been a lot of changes as these changes will be spearheaded by it's potential. Global businesses have successfully gained grounds with the aid if Web 0.3, thus making such businesses efficient and profitable. The future of blockchain [technology]
(https://leofinance.io/@leoglossary/leoglossary-technology) glows but a wide range understanding will be necessary in order to be adopted by all sectors. It's a gradual process, it has come to stay and will sure excel limitlessly.
So if you're actually stumbling on this post, why not sign up via 👉 https://leofinance.io/

Posted Using [LeoFinance Alpha](https://leofinance.io/@pearlie123/how-blockchain-technology-is-improving-our-daily-lives)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 187 others
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vote details (251)
@essygold1 ·
>So when asked by someone.... What's this BLOCKCHAIN all about, I proudly say that it is a decentralized digital database. This means it could never be hacked nor controlled by one man influence as it is being linked to many computers as intermediaries. Amazing right? 

The above points makes me believe strongly on Blockchain technology
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@pearlie123 ·
Sure......... it's worth the reliance as it is security conscious
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@hivebuzz ·
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