What is Blockchain?

It is important to understand that there is not only one blockchain, nor one single blockchain technology, but that blockchain is a concept, that refers to what is also called Distributed Ledger Technologies (DLTs). Ledger relates here to the traditional book of accounting where all the economic movements of an organizational entity (company, public administration, etc.) are recorded in chronological order. In this article, we will use Blockchain synonymously to DLT. Continue reading “What is Blockchain?”