#VietnamCryptoPolicy Since Blockchain is a way of storing and processing data on the network. Blockchain is a registry for storing and transferring digital assets. Assets can be anything: money, stocks, game characters, works of art — anything at all. The idea is that blockchain allows you to take something on the Network and say: 'This is mine.' And no one can steal it, hack it, or rewrite it. Let's consider types of network architectures.

Centralized networks are built around a single centralized server/main node that processes all the main data and stores information about users, which other users can access.

From here, client nodes can connect to the main server and send data requests instead of performing them directly.

A decentralized network distributes the workloads of processing information among several devices instead of relying on a single central server.

Each of these individual devices serves as a mini-central block that independently interacts with other nodes.

According to experts, by 2027, up to 10% of the world's GDP will be stored on the blockchain.