So, what is blockchain?
The textbook answer is that a blockchain is a transparent distributed ledger, or spreadsheet, comprised of a series of data blocks containing verified encrypted digital transactions that cannot be changed or altered, linked together sequentially so that anyone on the network can verify it. This information is stored worldwide on decentralized computer networks.
Blockchain achieves this by incorporating specific sets of technologies and protocols designed to initiate, validate, transfer and store transactions and information safely and securely between interested parties. For example, when two people transact business using blockchain technology, that transaction is recorded and stored on a virtual ledger ...
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