Are you familiar with blockchain? These open, distributed ledgers can record transactions between two parties in a verifiable and permanent way. Doesn’t sound that exciting? Then you’re missing the point.
It means that multiple individuals or institutions can do complex business online in a trusted manner—even if you’ve never before met the other party. Blockchain is how cryptocurrency (Bitcoin, Ethereum) works and is increasingly being used in news ways across banking, contracting, voting and more. Imagine the future of startups where blockchain is the immutable smart contract that holds together (and approves payments for) a distributed team of expert vendors around the world.
Learn why blockchain is the next frontier for digital transformation in an interstellar episode of “Explanimators.”
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