Jean Leavins: Blockchain Will Decentralize Everything!

Advanced Cyber/IO, Design, Economics/True Cost
Jean Lievens
Jean Lievens

How Blockchain Technology Might Decentralise Everything (Not Just Currency!)

Do you know that blockchain technology could decentralise everything and not just currency? Do you even know what Blockchain is? One example that you just might have heard of is Bitcoin, the online currency. That in itself may not enlighten you to what blockchain is, however. According to Pearl Chan (2015) reporting for Venture Beat, a blockchain is:

“A transaction database shared by all nodes participating in a system. In essence it is a distributed method of tracking and transferring assets online without need for a trusted party.”