In the latest presidential 2020 election in Belarus, which was held on August 9, 2020, Alexander Lukashenko came out as the winner once again, making that his sixth consecutive victory in the presidential election

Counos Platform is a Swiss-based company offering an extensive variety of services in the field of the Blockchain technology, cryptocurrencies, online financial services, payment gateways, and so much more. But among the top functions carried out by this platform are transactions. 

Just a few years ago, the idea of central banks adopting anything resembling cryptocurrency seemed unlikely. Cryptocurrencies were still the subject of a great deal of doubt around the world, and many governments and financial institutions were making a specific effort to note that they had nothing to do with digital currencies

Blockchain technology, like any other emerging technology in the human history, is rejected by the traditional powers and there is resistance against it. 

Due to the features of the Blockchain network, i.e., transparency of information and data, being tamper-proof, and the speed and precision of the network, in combination with other technologies, it can have many advantages.

“Smart contract” is among the terms which are frequently used in the world of Blockchain. The engineers active in the field of Blockchain and Fintech do highly apply smart contracts. 

With the development of Blockchain-based technologies, the growth and development of applications and different infrastructures which are busy working in this network are steadily increasing.

Blockchain, the technology behind Blockchain, and cryptocurrencies have brought about a big transformation in different technologies. Cryptocurrencies, tokens, and distributed systems became known via Blockchain. Blockchain has created many transformations in many areas, such as authentication and information security.

One of the major objectives of Blockchain revolution is to create new forms of management and design for the organizations. The Decentralized Autonomous Organizations (DAOs) are among the organizations that introduce new organizational design to the world compared to the traditional examples.

In 2008 when Satoshi Nakamoto created Blockchain, he succeeded in drawing the public’s attention to itself; although the concept behind this technology has been suggested for at least three decades. In 1991 two persons introduced this concept who were working on the encrypted blocks chain