Tag: ledger

Blockchain Explained… In Under 100 Words

I recently attended an industry seminar where the concept of the Blockchain was explained. At the end of the session, walking out of the lecture room I heard one of the attendees say to a colleague “I’m still not sure what exactly Blockchain is…”. Many of us know that Blockchain is a topic that is hot at ...

5 Ways Blockchain Technology Will Change the Way We Do Business

Most of the media headlines on blockchain technology revolve around the outsized investment performance and extreme volatility of cryptocurrency. This trajectory closely resembled a roller coaster as Bitcoin gained 1,390 percent in 2017 (up as much as 1,935 percent when it hit a record high of $19,666 in mid-December) — and then plummeted to a low of ...

Forget Bitcoin. It’s All About The Blockchain.

Bitcoin gets headlines. I see them too. I admit it grabs attention, but the substance is blockchain technology. That’s why it’s critical to get familiar with blockchain technology. To do so, start here: Blockchain is a public distributed ledger. Throughout most of history, we’ve been living in a centralized world. We have governments, financial institutions, big ...

A Beginner’s Guide to Smart Contracts – Ethereum’s Key Concept

One of the best things about the blockchain is that, because it is a decentralized system that exists between all permitted parties, there’s no need to pay intermediaries (Middlemen) and it saves you time and conflict. Blockchains have their problems, but they are rated, undeniably, faster, cheaper, and more secure than traditional systems, which is why banks and ...