From the course: Tech Sense

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What is the blockchain?

What is the blockchain?

From the course: Tech Sense

What is the blockchain?

- There's a good chance you've heard of the blockchain. - There's a good chance you've heard of the blockchain. of the blockchain, maybe in connection Maybe in connection with a cryptocurrency with a cryptocurrency or some startup somewhere or some startup somewhere who's about to revolutionize taxes who's about to revolutionize taxes or food delivery, or medical services, or haircuts for pets. or food delivery or medical services or haircuts for pets. But what is it and how does it work? But what is it and how does it work? In practical terms, a blockchain is the digital equivalent In practical terms, a blockchain is the digital equivalent of a ledger or a logbook or a shipping of a ledger or logbook, or shipping tracker, tracker or chain of custody document or chain of custody document, with two key differences. with two key differences. One, the blockchain is distributed, One, the blockchain is distributed, meaning meaning…

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