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September 2021 Special Focus: Digital Decentralisation
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October 6, 2021 Library

 

Blockchain technology has progressed from its use in cryptocurrencies to general applications that require its benefits. Many industries are now relying on blockchain for their various uses, particularly its digital decentralisation, due to its increasing promise of enhanced security and improved speed.

Decentralisation in itself is not a new concept. Three network architectures are typically considered when developing a technological solution: centralised, distributed, and decentralised. While blockchain technologies frequently use decentralised networks, a blockchain application cannot be classified solely as decentralised or not.

Decentralisation, on the other hand, is a sliding scale that should be applied to all aspects of a blockchain application. In addition, it is possible to provide better and more equitable service by decentralising resource management and access in an application.

Download this month’s Special Focus, as we look at what else digital decentralisation can do in various industries and how it will play out in the future digital landscape.

 

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