Blockchained web hosting

The recent dramatic rise in Bitcoin prices has once again sparked the imagination of many investors, but Blockchain technology is not just about money. In this article, we will look at how significant this revolutionary technology will be for traditional web hosting services.

The concept of cryptocurrency is not a rocket science. In fact, it is worse then worthless, it consumes time and resources but returns no sales. It does, however, need a secure, trustworthy environment in which it can operate, provided by Blockchain.

What is a blockchain? There are many misconceptions about this, but for the purposes of this article, we will simply define it as a spreadsheet. We are all familiar with Excel or Open Office spreadsheets, but Blockchain makes it so appealing how it spreads.

Like Torrent files, Blockchain is an equal network where you do not need to trust each other. Thanks to modern cryptography, trust is maintained not at the level of the host, but at the level of a single record.

Okay, now we understand the basics of the cryptocurrency revolution, but how can we ask if this is affecting web hosting services? In essence, with its simplest form, it will offer not only to sell your services in your local currency, but also in bitcoin and other cryptocurrencies.

But this is not the end of the revolution. Bitcoin և need e-wallets to operate other digital currencies և, therefore, there is a huge potential for traditional web hosting marketers. If you have the confidence of your customers եք to host their websites, why not host their e-service providers?

Each transaction in cryptocurrency is a de facto transaction between two electronic servers. Each exchange is stored in a wallet, և you can also և provide an interface for your customers to access it. This factor is key to fully understanding the impact Blockchain can have on your web hosting business.

That said, Blockchain is not just about money. The latest versions of its protocols also allow the parties to sign any horse agreement, whether it is a cable TV subscription or some other type of bill. They all need to be stored somewhere և there is room for web hosting companies to get involved.

Thus, the wallet is the key to making full use of the blockchain potential. Once you understand this, what should be your next steps?

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