Blockchain

On July 16, at a press conference hosted by UNI Media - The organizer of Miss Universe Vietnam beauty pageant, Mr Doan Duc Manh, also the General Director of Bytesoft JSC has shared his view on the change of the competition this year.

The national beauty pageant - Miss Universe Vietnam is preparing to launch its 2019 edition, but this time, with the help of a Blockchain-based voting platform.

By now, it’s well understood that blockchains can be more than substrates for cryptocurrencies. The ‘blockchains to beat’ are those offering powerful platform features, acceptable security and decentralization, and operating sufficiently quickly — these are the ‘blockchain 3.0’ contenders.

Basically, blockchain is a decentralized online accounting ledger that records all transactions of a particular network over a specified period of time. It is protected and encrypted for security.

It is a common knowledge that Blockchain technology is going to make a huge impact in almost all industries in the future, and for convincing reasons, financial institutions are endeavoring to put this technology under test as well as invest in it. Therefore, it is important