BlockChain 101 – What You Should Know

Blockchain is an unregulated, decentralized ledger of transactions and is encrypted with cryptography. It enables peer-to-peer transactions without the involvement of third-party and limits fraud.

As it combined aspects from both the business world and IT industry, Blockchain is revolutionary in the way data and ownership are transferred, so it can literally bridge to any industry and replace existing means of trading in goods from crops to stocks.

Even though Blockchain technology is now flourishing in the mainstream, it is still being largely misunderstood.

In this section of our reporting, we will first introduce the basics and bits of history behind it to give you an overview of what exactly this novel tech invention is. Second, we will explore the different uses and types of blockchain so that you can decide which one offers the best fit for your needs.

We conclude with a detailed introduction to the Crypto space exploring the important ICOs (initial coin offerings) happening on different blockchain technologies