Blockchain Made Simple: Why is Blockchain Revolutionary?
Blockchain Made Simple:
Blockchain is one of the hottest sectors in the market, yet few investors really understand what the blockchain is, and how it works. This is why DMG Blockchain Solutions is presenting Blockchain Made Simple. Hosted by Dan Reitzik, Blockchain expert and CEO of DMG Blockchain Solutions; Blockchain made Simple is a series of fun, easy to digest videos, answering questions like What is Cryptomining? How is Blockchain used in Retail? and How are Bitcoins created and earned?
Why is everyone saying Blockchain is so revolutionary?
Blockchain is the underlying technology that allows Bitcoin and cryptocurrency to exist.
Resulting in the combination of the following :
1. Security – the blockchain transaction records cannot alter.
2. Transparency – Anyone can view the blockchain contents.
3. Timestamped – Each blockchain transaction has a sequence number that makes it unique. Later entry depends on the first entry.
These characteristics are common to all blockchains.
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