WHAT IS BLOCKCHAIN?
BLOCKCHAIN is a public database. It is used to record digital transactions securely, quickly and decentralized, i.e. without intermediaries.
Within tangible and intangible assets there are DIGITAL ASSETS. They are any identifiable content stored digitally that provides value to an organization.
Within DIGITAL ASSETS, there are Cryptocurrency and NFT tokens. These assets have a high volatility in value and have the potential to generate significant gains due to market pressures.
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HOW DOES IT WORK?
Juan sends a digital asset, such as bitcoin, to his friend Álvaro
This shipment is recorded in a a digital block
The information of the transaction is transmitted to all nodes (participants of the network) Then, after verifying the information is correct, the network validates that transaction
The block is added to the chain with the other previous blocks, creating a permanent, unalterable, transparent and public record.
That digital asset reaches from Juan to Álvaro
WHY IS IT
SAFE?
Social networks powered by Blockchain technologies offer a decentralized alternative for users to share content and interact without the potential censorship of centralized entities or the risk of identity fraud.
Stablecoins permit the store of value for individuals, as a way to protect against inflation or loss of purchasing power, while also facilitating fast and inexpensive money transfers between people.
The European Union's MiCA regulation exists to regulate crypto-asset markets.
The Liechtenstein Digital Assets Act creates a legal framework for digital assets.
The BVI Blockchain Regulatory Framework Act Establishes a legal framework for the use of blockchain technology in various areas.
The Administrative Simplification Act in Aragon includes provisions for the use of distributed registries, which opens the door to blockchain-based implementation in digital identity systems.
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