Blockchain isn't hot sauce
The definitive executive guide to understanding WTF blockchain is AND why you should care.
Note — This is a brief executive guide because as an executive, you have better things to do than get a new degree in yet another decades old “emerging” technology.
What is blockchain? Think of it as a group text message. Those annoying times when you have twenty or hundred people talking about something. Where some people have names, some have numbers and they’re all actually just sharing data. Data can be anything from text, photo, meme, video or hotel reservations. A blockchain is immutable and distributed, just like your group text message. Send a classic Friday Happy Hour NSFW photo to a group text. Even if you delete it on your cell phone, it still exist on everyone else’s. That’s the essence of distributed ledger technology (DLT), aka blockchain. Shared, distributed, immutable data.
What can you do with blockchain? As a ledger it records and sha...more