
What is Blockchain?
What Is Blockchain? Daniel B. Simmons If youâve been watching the news lately, particularly as it relates to finance, youâve no doubt seen or heard the term âblockchainâ thrown around once or twice. You may have heard some prescient analysts predict that itâll bring about a financial revolution, or even change the face of computing as we know it. Whether or not you agree with these claims, the fact remains that blockchain represents a new and revolutionary way to approach the exchange of information. In this article, weâll take high-level look at the theory and the applications of blockchain and try to figure out why so many are excited about its potential. Any discussion about blockchain must begin with the first known application of the protocol: bitcoin. Bitcoin, although originally…