Lots and lots of people, including myself, have hailed the virtues of using WordPress and Blockchain together instead of a traditional PHP template framework.
WordPress has already created a buzz regardless of the field, whether it’s development or security. In addition to this, developers are able to figure out ways to find other uses of encryption. For example – Bitcoin. Over a period of time, it seems that technology has created a great deal of interest in Blockchain technology in the present. When Blockchain and bitcoin get in the minds of the people, will it become very important for such a form of encryption to be placed in WordPress?
It is a disturbed ledger technology that timestamps all the data exchange that takes place on this platform. The only problem here is that data addressed once in the general ledger cannot be changed or altered. In addition, it is stored chronologically, which ensures easy traceability. Technically, Blockchain ensures that the information is not stored centrally, but rather spread in the network. An important point to note about Blockchain is that all information is stored as blocks. One block is attached to the other; So even if someone wants to change the data, the hacker has to change the other data associated with it. This makes the information secure and tamper-free.
Blockchain is revolutionizing the WordPress realm
The popularity of WordPress has never been hidden from the digital world. However, one can not deny that the CMS is in one way or another affected by each new concept, and Blockchain is for that matter no exception. Of course, you happen to stumble across a host of WordPress plugins out there that may or may not allow site owners to accept payments via Bitcoin and cryptocurrency. For example, BitMate Author Donations will allow users to donate to sites through bitcoins. But these plugins are only one side of the coin; it is also time to get acquainted with the other side.
Websites can be easily managed
When it comes to online verification, things can be a little more challenging. Users often end up facing problems due to weakened username or a password model that can easily be stolen or cracked to be hacked. With the advent of such technology is seen a wide range of blockchains developed for encrypting personal data to allow users to actively share their data. Whether it’s about login apps, identity verification and secure sharing of personal data with service providers or colleagues, it all works by combining blockchain with WordPress. This leads to site administration without much hassle and you can be set free from any cyber attack.
When accepting and processing payments, there are often times when users have to deal with a lot of intermediaries from visitors to their sites. The rule generally applies to those who sell goods such as software or extensions. Now in such a situation where payments cannot be processed without a given set of payment gateways for all countries, sellers often end up giving part of their income away to multiple gateway solutions.
How does Blockchain come to the rescue? The technique can easily cut down on the role of many intermediaries in the payment process. In addition, it can also help digital publishers get customers from different countries. After all, not all countries support Paypal like some payment solutions. A solution based on a universal blockchain can be a more useful method of accepting payments. And in the end, it certainly does not matter whether the said payments are made in cryptocurrency or traditional money.
Revenue generation of the content
It is always a good idea to spend the whole mass of money against the content creators based on the algorithm that takes into account page views, likes and other engagement factors. Now that no one has yet figured out what the algorithm should be used for and where the sum of money is coming from. Using it on more than one site can be distributed to more challenging networks.
Revenue-generating content has changed over time. I mean seeking help from WordAds and AdSense has become a bit passé. Today, blockchain-based content revenue service is considered by far the most distributed and most untrustworthy.