NIST released a report on blockchain technology

Of course, blockchain technology may be considered the brain behind Bitcoin, but this does not make the concept easier to grasp. Some people came forward and said they were worried that the world was investing in cryptocurrencies without fully understanding what they were. This is my view of blockchain. Obviously, I am not the only one.

The thing about blockchain is that only when you think you know it, something new will appear, and you at least to some extent feel that you must restart the learning process. However, due to one of the agencies outside the US Department of Commerce, we may not have to go back to the blockchain book every time we see a new title about the technology.

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National Institute of Standards and Technology The overview document was just released Mainly focus on blockchain technology. Just like in the past, and will continue to be so, Many companies entering the blockchain industry, I am sure that the US National Research Institute’s overview of this technology will be very helpful. It not only provides a detailed overview of the technology, but also details about the characteristics of the blockchain, its limitations, and what are the common misunderstandings.

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The document covers many concepts, starting with the history and background of blockchain technology, and ending with technical limitations and misunderstandings. The important thing to remember is that this document was written to help beginners, so don’t expect to discover any brand new information. Most of the content contained in this document can be found on the Internet. But this time, it is actually constructed in a simple and understandable way.

Personally, my recommendation for this document is not enough. I know the feeling of taking a few steps back when reading the latest blockchain applications. It can be confusing and intimidating, but I guarantee this document will make your job ten times easier.

Featured photo: depositphotos / aa-w

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