What is blockchain technology?
How will blockchain technology affect the future?
Every form of data or record keeping that can be recorded -- transactions, contracts, purchases, sales, deeds, messages, stories, or even votes -- should be immutable, unchangeable, and permanent. For thousands of years before the computer was invented, this was the way of humanity. But in the last 40 years, computers have taken a shortcut, which has made data vulnerable to unauthorized changes. Thus, “recordkeeping” does not keep records, rather, it loses them. It changes, and there is often no record of the alterations.
Blockchain returns datakeeping to its original “set in stone” permanency, while retaining the instant search ability of the modern system. Security and utility are no longer competing compromises; instead, these imperatives are now one-and-the-same. Blockchain is the future. Everything that we have witnessed since the emergence of computers in the 1970s is about to change; it is about to be completely redone in this new digital architecture.
Why is Vortex positioned to dominate the blockchain?
The Future is All About Security
While Blockchain is often considered to be an emerging technology, the basic concept behind it is ancient, that is, to keep a record of each transaction or document or occurrence in one ledger. From ancient times, record-keeping was the purview of the elites: kings, priests, lords, and landowners. Knowledge was generally held in private libraries: first on stone tablets, then on parchment scrolls, then in books, and, finally, to the digital format, which we presently have in computers and on the internet. At the beginning of the digital age, records were as immutable as ancient stone tablets. Punch cards and reels of magnetic tapes were stored in large vaults and provided a permanent and retrievable record. However, these records were only accessible to those who could afford it.
It was the invention of the hard disk drive -- with its users and passwords, its deletable and editable content, and its inexpensive but vulnerable data storage -- that set us on this path; and it was a dead end. Also, the only lasting element of this evolution in record-keeping was the inexpensive nature of modern storage. The blockchain ends the vulnerability of editing, deleting, and changing the data for the reason of scarce and costly storage. Storage is now quite inexpensive; and the blockchain makes data permanent, immutable, and open to the public. Security is essential to every form of record-keeping, whether financial, personal, commercial, or intellectual in nature. The good news is that security, immutability, and transparency -- which were impossible under the prevailing paradigm -- are all a reality in the blockchain.
Because we understand this new paradigm, Vortex, and its subsidiary and supporting companies (i.e., Liberty Coin Farms, Quantum Capital, radix, ami, HexaGraphica, etc.), integrates its architecture, organization, and immutable systems structure into a synergetic amalgamation of cutting-edge technologies, all on the blockchain foundation.
The Blockchain Marketplace
As blockchain technology is still in its early stages, Vortex’s competitors have basically remained niche companies, focusing only on one aspect of the technology, such as mining or specific application services. However, Vortex works across the cryptocosm with a variety of blockchain projects, engaging a much wider audience of investors, customers, and clients. We are not bound to the fortunes or misfortunes of any cryptocurrency such as Bitcoin or Ethereum. Instead, our vision extends beyond any cryptocurrency mining vessel. Thus, Vortex is unique in the digital currency marketplace.
Beyond the OTC marketplace, Vortex intends to uplist to NASDAQ and has already generated significant interest from firms that specialize in this process. Vortex is not only seeking the right institutional partner for this move, but is also looking for an arrangement that can service its future corporate opportunities.
Vortex began in 2008 as Vortex Network, LLC, a privately held company that focused on distributed networks, security, and peer-to-peer protocols. However, since the blockchain features all three of those things, Vortex transitioned from legacy architecture to the blockchain ecosystem in 2010. Vortex Network then merged with an existing public shell company in October 2018.