Does anyone here Know about the reason the development of blockchain technology

[ruthhelen]

Hey people, does anyone here know about the public ledger created by the blockchain technology and it’s various usage.

[kenibit13]

This technology is being used everywhere. This news shows to us:
World’s Fifth Largest Airline Firm Explores Blockchain to Cut Costs for Customers
European airline holding company Air France-KLM has partnered with blockchain travel ecosystem Winding Tree. The goal of the partnership is to reduce costs for the company’s customers by cutting out intermediaries.

The alliance has revealed the new deal in a release published on its official website Thursday, Oct. 4.

The world's fifth largest air company by revenue in 2018, Air France-KLM hopes blockchain will help it provide "a more advantageous travel offer for customers which is more profitable for suppliers, in particular by reducing the number of intermediaries."

Sonia Barriere, the executive vice president for Strategy and Innovation at Air France-KLM, thinks that blockchain will "revolutionise exchanges within the travel industry" both for customers and companies.

Link of news:
https://cointelegraph.com/news/worlds-fifth-largest-airline-firm-explores-blockchain-to-cut-costs-for-customers

[aji678]

I think the best reason why blockchain technology was developed was with blockchain one can have self executing and enforcing contracts on the blockchain which cannot change after execution.

[Sentinel]

Actually the reason for the development of blockchain technology is that this blockchain technology is more effective and more efficient. Given that Blockchain technology is very good and very useful for people around the world in managing their finances. So they will need this blockchain technology as their daily life system.