ERASMUS+ KA2 project “ EUROPEAN MIGRATION BY THE JOURNALIST EYE “
Blockchain Technology will have a huge impact on our lives and migration in the future. True or false? Anyone who has heard about bitcoin and cryptocurrencies has come across the concept of Blockchain. Many did not understand or could not understand what it is, why it is needed and how it works. Below, we will explain the principle in simple words, and regard the possibilities beyong digital currencirs.
Picture 1. Concept of Blockchain [3]
Explanation. In simple terms, a blockchain is an infinte chain of bloks that stores centrain information. If can record not only financial values, as some belive, but also any other values that have value. [1] How does this technology work? For example, imagine a huge number of people with logs that immediately record the same information and recheck it from each other. This is how the chain formation process works. Information is sent via peer-to-peer or P2P networks. Many people know them from torrent trackers. Among other thing to the main information, each block stores a time stamp and content about the earlier one. Everything is encryptet using cryptographic algoritms. This results in data storage with a number of huge advantages:security. But what that might it mean for migration?[1] Value in migration. For migration blockchain technology is really important, in particular for migrant remittances but also for digital identities and global mobility. The use of blockchain technology in a Jordanian immigrants camp, for example, is allowing immigrants lost identities to be restored. Also , this technology help to the creation of scam, corruption and available means for migration and/or travel transparent and safe way. [2],[4] Information sourcec: 1. Блокчейн – это... Суть и перспективы технологии 2020.04.03.https://bit.ly/33WTbrk
2. Marie McAuliffe. The link between migration and technology is not what you think. 2018.14.12. https://bit.ly/2H10Yvl
3. https://bit.ly/376GITO