Blockchain Overview 2018-05-12T18:25:55+00:00

Blockchain: An Introduction

The Blockchain is a term that has come to mean many things to many people. For developers, it is a set of protocols and encryption technologies for securely storing data on a distributed network. For business and finance, it is a distributed ledger and the technology underlying the explosion of new digital currencies. For technologists, it is the driving force behind the next generation of the internet. For others, it is a tool for radically reshaping society and economy taking us into a more decentralized world.

Whichever way you look at it, blockchain has become a term that captures the imagination and fascinates many, as the implications of such technology are truly profound. For the first time in human history, people anywhere can trust each other and transact within large peer-to-peer networks without centralized management. Trust is established, not by centralized institutions, but by protocols, cryptography and computer code. This greatly strengthens our capacity for collaboration and cooperation between organizations and individuals within peer networks, enabling us to potentially form global networks of collaboration without centralized formal institutions; unprecedented but hugely relevant in an age of globalization and a new set of 21st-century challenges that require mass collaboration.

This book accompanies our Blockchain introductory course and is designed as a non-technical overview, it is an introductory course and thus all terms will be explained. The course should be accessible to anyone with a basic understanding of web technologies and economics.

  • Publish Date: 01-01-2018

  • Length: 58 pages

  • Category: Design & Technology

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