Countries race to employ Blockchain, the virtual currencies technology, for tamper-proof military systems and cybersecurity

Blockchain is a transformative technology for the two billion people in the world currently underserved by financial institutions. The technology has the potential to enhance privacy, security and freedom of conveyance of data. Blockchain is based on open, global infrastructure, decentralized public ledger of transactions that no one person or company owns or controls, ensures security of transfer of funds through public and private cryptology and third parties to verify that they shook, digitally, on an agreement. Blockchain is set to play a key role in many sectors in the future, including digital finance, Internet of things, artificial intelligence and 5G.