What is BlockChain?

It is literally is a Revolution by Evolution.

Decentralized Consensus and Distributed architecture with P2P (peer to peer) Apps
will revolutionize everything.

You won’t recognize your current info space in the next 3 years because of this.
It’s growing very FAST.

It will Flatten almost every company and government out there.
Banking companies will be competing with each other on only a 2 to 3 % profit margin.
The competition will be fierce.

You need some background.
From initial Block Chain (bitcoin) to the “smart contract” block chain like Etherium and EOS
where you can build smart apps/contracts.
These smart contracts P2P Apps will revolutionize everything.

Decentralized Consensus means rules via consensus, not rulers.
It means tiers of administrators in companies and government will
be gone. Companies and Governments will flatten.

P2P means elimination of the middle man.
I am a Patient and you are a Doctor. That’s Peer to Peer (P2P).
Aetna is a middle man.
Aetna will go away with P2P.

What does this mean? Affordable healthcare because we've just eliminated the
insurance companies. Bye bye middle man,bye bye ......
Got it?

Video’s:

Etherium (or EOS) Smart Contract Block chain: