What is Blockchain?
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Transcript of What is Blockchain?
The Noise - Blockchain technology is a dominant topic of innovation in
2017
3
‘Bigger than the Internet’Tcp/ip = communication | Blockchain = value exchange protocol
=Trust Machine
Replaces the trusted 3rd partySecure decentralized transactions
Instead of central authorities
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‘There has been $1.4 billion in blockchain investments in the last nine months which will give you a sense of the investment by mainstay brands.’
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Several years ago, an unknown person or persons named Satoshi
Nakamoto came up with the Bitcoin protocol. Once again, the technology
genie has been unleashed from its bottle. It gives us another kick at the
can, another go, to try and rethink the economic power grid and the old
order of things. That, to me, is how big this is.
It feels like 1993.