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The catalyst for this steep Bitcoin fall is the same as all other industry asset classes, i.e., the extreme uncertainty surrounding the spread of Coronavirus. It has led to a global fight for cash. This latest Bitcoin fall happened a day after the U.S. President Donald Trump ordered a 30-day ban on all visitors traveling from Europe. This further propagated the U.S. Federal Reserve, working with U.K., Japan, Canada, Switzerland, and the Eurozone to shore upon financial markets with a massive stimulus.

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A blockchain is a distributed ledger technology that became popular for powering Bitcoin, the first cryptocurrency that the world was introduced to. That said, in this article, we will be discussing how network engineers can benefit from blockchain technology. Let us first start by understanding what blockchain is and who network engineers are.

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