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Blockchain Explained: A Beginner’s Guide

Blockchain Explained: A Beginner’s Guide

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Even though it’s been nearly a decade since the blockchain technology came into existence, it’s still a concept that’s scarcely understood by most people. Many are still considering it a technological du jour, while most can’t even seem to understand it beyond cryptocurrencies. Well, in all fairness, blockchain is a fairly complex (okay, very complex, to be honest) concept. And most people try to define it the best way they can. So, oftentimes, it ends up like the story of the elephant and the blind men. Be that as it may, there is a fairly simple way to grasp the concept of blockchain. Now, think of the relationship Google shares with the internet. How does this relationship work? The internet provides the platform or the technology upon which Google leve