How #blockchain can transform the world (part 1)
▻https://hackernoon.com/how-blockchain-can-transform-the-world-part-1-bff2ce1a05b8?source=rss---
“Bitcoin, #ethereum,altcoins, ICO’s, moon, tokens, miners, state regulation etc”Too many buzz words.We got really entertained in the last 1 year but we still don’t understand how they matter to us in the long run and how they can transform the world.Definitions:Blockchain:(wiki)Blockchain was invented by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the bitcoin.It is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain is resistant to modification of the data“Blockchains are trust machines”The invention of the blockchain for #bitcoin made it the first digital currency to solve the (...)