Blockchain and Bitcoin have been blooming since 2008. You may have heard of the bitcoin mining boom that was so popular a while back or the Initial Coin Offerings (ICOs) which has been used for fraud.
As most people know, the decentralization of the blockchain and its immutable data structure can impose significant obstacles on hackers. The belief in “Passwordless” is what gave birth to AuthenTrend, it’s the same idea of giving people back their rights of data access. On the other hand, Blockchain encryption applications also seek to solve data storage issues, and while security and privacy concerns are addressed, at this stage transactions on blockchains still require people to log into their decentralized identities via PIN code or passwords, which is a problem that AuthenTrend has been eager to solve.
Blockchain = Bitcoin?
As you can see above, from the latest cryptocurrency market capitalization in July 2019, Bitcoin is still king among the coins, which is why most people have at least heard of it even if they don’t know much about blockchain.
BUT，Bitcoin ≠ Blockchain。