What is a blockchain, and what does it do?

Blockchain is a peer-to-peer decentralized distributed ledger technology that makes the records of any digital asset transparent and unchangeable and works without involving any third-party intermediary.

What is blockchain and what it can do?

Blockchain is the technology that makes Bitcoin, Ethereum and all the various coins possible. Various coins will come and go, but Blockchain will remain an innovation as important for mankind as the wheel, fire or internet. What is Bitcoin? Bitcoin is digital cash and it uses the Blockchain technology.

What does blockchain really mean for banks?

What does blockchain really mean for financial institutions and banks? Blockchain provides a particularly high level of safety in storing and transmitting data, along with transparent network infrastructure, decentralization and low cost of operations.