Blockchain Explained: The Essentials by Diane Keller

May 10, 2018

Since its launch in 2008, Blockchain has been taking the world of technology by storm. You cannot turn on tech news without seeing at least a mention of the platform. But what exactly is this illustrious platform?

To the layman, this technology can be a bit befuddling. In the simplest terms possible, Blockchain is a digital ledger that arranges and codifies transactions. This is useful for a number of reasons as it can transparently and clearly show which physical assets ard currencies go where. Having a transparent ledger system allows for clarity and trust. This technology is especially important in the world of banking where money moves hands in indescribable ways.

For many people Blockchain technology is the answer they were looking for as questions about the nature of exchange became unbearably heavy. The Blockchain platform is an incredible tool that is entirely geared for the future and has the individual as its primary concern.

Companies such as IBM and JP Morgan Chase have all involved themselves in the Blockchain game by investing in, or creating, cryptocurrencies. Other businesses use it identify their financial movements. Programmers of all types use Blockchain to show off their mathematical skills and to make additions to the ever-growing Blockchain community. In essence, Blockchain is an open-source platform for....

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