Understand the Blockchain in Two Minutes

Over the past decade, an alternative digital paradigm has slowly been taking shape at the edges of the internet.

This new paradigm is the blockchain. After incubating through millions of Bitcoin transactions and a host of developer projects, it is now on the tips of tongues of CEOs and CTOs, startup entrepreneurs, and even governance activists. Though these stakeholders are beginning to understand the disruptive potential of blockchain technology and are experimenting with its most promising applications, few have asked a more fundamental question: What will a world driven by blockchains look like a decade from now?

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20 thoughts on “Understand the Blockchain in Two Minutes”

  1. Btc is the future of our global trading, however its very pity that majority of people around it involved in corruption:

    1.high taxes, which destroy this project at the root,

    2.unstable uncontrolled flactuation, which actually could be adjusted to rise or drop bids not over than 20 digits per day

    3. Antihack and antitheft features, where users, cryptoholders at least must be sure no matter how much money they have, wont be robbed or somehow cheated

    4. Transactions for merchandise must be controlled by company, which will be doing arbitrage between buyers and sellers, to avoid any unfair trading practices

  2. Hey, this is a really great video. Am I allowed to embed it in a website I have I will cite you as being the creator of course. Thanks!

  3. As a Real Estate Broker, BC can eliminate fraud and deception. Seller and Buyers see the transactions in process and thus verify offers. The storing feature will save many fees now charged.

  4. Basically it designed by rich to control poor by the balls. Looks like a perfect digital concentration camp.

  5. BLOCKCHAIN IS NOT THIS ATTRACTIVE WOMAN WHO TALKS ADVERTISING WAY, BLOCKCHAIN IS TEARS OF BILLIONS OF USERS WHERE THEIR MONEY IS ROBBED ON FEES…
    THE BIGGEST ISSUE, PROBLEM ABOUT BITCOIN AND BLOCKCHAIN IS THE FEES– FEES ARE DESTROYING WHOLE CONCEPT OF THIS BIG IDEA ABD SOON OR LATER WILL CAUSE THIS BUSINESS TO FAIL. FEES MUST BE NOT OVER 1% the way banks do
    WHEN YOU TRADE BITCOIN YOU HAVE 50 % CHANCE TO LOSE ALL OF YOUR MONEY, BECAUSE OF HIGH FEES 50 % TURNS TO 70% CHANCE TO LOSE YOUR MONEY

  6. good and informative video. like she said it is only the beggining. today we have other who use blockchain. for example TokenGO which is running the ICO. It has its own blockchain and by having that advantage provide valiable dervices like running my own ICO, mining. trading, voting, and others. So the future has began and those who interested in it, also should haave interest to TokenGO ICO

  7. Your definition of Blockchain is completely imaginary and that is why people don't grasp Blockchain. A filing cabinet can be organized in many ways but in the end it is still a filing cabinet. People a Blockchain is where you label your folders sequentially as you put papers in them; you then sequentially put your folders in your filing cabinet and never change their order or any previous work you did. And that is a Blockchain which on a computer they use different words like database. They don't like using the term database because with the term Blockchain they can tell you that you just don't understand computers. Computers are simple; they do what you tell them to do. Your computer will do what I program it to do. Do you trust me 🙂

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  9. so simple explanation. Really loved your description about blockchain. I'm keeping my eye on Scidex.com, their project seems super interesting.

  10. Interesting Video! This technology is truly the future, And I believe voting should be a top priority when implementing this tech.

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