This chapter will explain the principles underlying blockchain. A precise and concise definition is provided, distinguishing blockchain from blockchain architecture. Variations of blockchain are explored based upon the concepts of purpose and scope.
Game changers every decade
At this point, it goes without saying that major technologies regularly emerge that completely disrupt the tech environment. In fact, there has been at least one of these major “game changers” in every recent decade.
In the 1970s the mainframe was the game changer. This powerful computer allowed governments and large organizations to automate many tasks that were previously manual, and centralize, store, and access lots of data.
In the 1980s, it was the personal computer ...