The hot topic all over these days is the potential of blockchain technology and cryptocurrencies. These have the potential to impact the way the world operates. It is changing the way people transact and have embraced the cryptocurrency.

The salient features of this technology are decentralised open protocols. You must have only an internet connection. This technology can assist the governments and non-government organisations to build better systems.

A general network is created by the client and host nodes. There is a combination of host nodes and client nodes. This client application is connected to the network. Bitcoin and Ethereum have client application. These allow users to download the entire blockchain to take part in the node network.

Though there are misgivings, the open decentralised network will survive, and will come centrestage.