Apr 25, 2016

Blockchain as an infrastructure technology/philosophy

Quote: "A blockchain is a ledger of digital events with no central database. It runs simultaneously across thousands of computers, distributing the record across the world. The blockchain is like a collective brain that no one controls and everyone can view. It's both private and public. As a user, you encrypt your personal information, only allowing that data to be revealed when you make a transaction."

Sounds like the internet should be, huh?
I can't describe "blockchain" in easy words and I can't say I fully understood it, but I can say that anyone in digital should at least start to make themselves familiar with the concept. Here's a good way to start:

http://www.fastcoexist.com/3056481/how-the-technology-behind-bitcoin-is-going-to-change-the-lives-of-the-bottom-billion