What is Blockchain Used For? – Blockchain Made Simple
What is blockchain used for?
Blockchain is the underlying technology that allows Bitcoin and cryptocurrencies to exist. The blockchain can be compared to an accounting ledger that is digital and viewable by anyone. However, the blockchain revolution extends beyond currency. Using blockchain ensures that no data can ever be altered. The contents of each transaction can describe an asset like the Deed of Trust to your house, the copyright to a piece of music, the origin of a diamond, or any other valuable item or idea. As bitcoin was the first ‘thing’ to ever be recorded using blockchain technology, Bitcoin and Blockchain are commonly thought of together.
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 are Bitcoins Created and Earned? and How do I buy Bitcoin?
Presented by: DMG Blockchain Solutions.
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