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Topic: [2016-03-25] GCN: How blockchain works (Read 237 times)

legendary
Activity: 2436
Merit: 1561
March 25, 2016, 05:48:19 PM
#1

How blockchain works

https://gcn.com/articles/2016/03/25/how-blockchain-works.aspx

Quote
As a digital currency, Bitcoin has had its up and downs, and it’s still unclear whether it will survive or give way to the next crypto currency. That’s not the case for the technology underlying it, called blockchain.

It’s been lauded as a starkly innovative way of confirming the identity and validity of parties who are trying to do business with each other -- a critical function for Bitcoin. However, organizations are already trying to extend it to other uses, and now blockchain is vying to be the underlying technology of secure infrastructures for a range of applications.
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