So, you’ve probably been hearing the word Blockchain a lot lately, and that’s for good reason. Blockchain is the latest in a long line of technologies set to disrupt markets across the globe, just as AI and IoT have before it. But what makes Blockchain so buzzworthy?
To put it simply, Blockchain technology is an incorruptible digital ledger. No bank or trusted administrator required.
Blockchain technology is a bit like having a notary present for every transaction, ensuring the collective bookkeeping is verified at all times. And because Blockchain ownership is decentralized, no one party is ever in control, but rather, all transactions are publicly available and verified using mathematical principles that ensure every block agrees on every trade.
