A Database is not a Blockchain

It is time for digitalization.

It is often said that blockchain is a slow and expensive database. Moreover, it does not scale well. So there is no reason to use it for anything else than Bitcoin.

Nothing from that is a correct claim. Blockchain can be scalable, fast, and cheap data storage. Well, blockchain will never be as fast as a traditional database. However, a blockchain has a few advantages over a database and it makes sense to know…