Everyone in finance already knows all about blockchain, and while there is much debate on the extent to which this new technology will change the game long-term, there's no doubt that it's an important innovation to keep your eye on. But it's not just finance and currency that blockchain has the power to change: in addition, blockchain is disrupting the digital marketing space. And since digital marketing is where advertisers and companies now make the overwhelming majority of their money, this can have major repercussions for everyone involved: marketers and advertisers, companies, consumers—everyone. So it's not just something for small groups of finance workers, techies, and maybe some government sectors to care about—blockchain has the power to potentially revolutionize our technological world, affecting everyone in it.
We hear a lot about Blockchain these days, but how many people know what it's really about? In an attempt to make this definition as simple as possible, blockchain automates trust. It’s a software architecture that allows non-trusting parties to record transactions without requiring a trusted governing authority. In other words, it does away with middlemen. That directly affects banking, insurance, and distribution, as well as any industry that previously relied on a trusted third party.
When people want to buy something, they want to make sure that the thing that they're buying is worth it. What better way to figure out if something is quality than to read up on other users' reviews?
Blockchain technology has proven itself to be one of the best vehicles for change that the tech industry has discovered. It has created an entirely new way for people to share ideas and concepts, and has even created a new financial market. This is doubly true about crypto.
Blockchain is a revolutionary technology, and there's no doubt about that. This form of coding has become a huge game-changer in many industries. Blockchain can give us a smarter energy grid, is what Bitcoin was developed from, and even has become a game-changer in the world of cybersecurity.
Blockchain technology has been called one of the most revolutionary technological advances in recent history. The funny thing about blockchain is that most people aren't fully aware of what blockchain really is.
Most people who want to begin investing in cryptocurrency tend to do it the "old fashioned way." They may invest in Bitcoin mining hardware, buy up Bitcoin and HODL it, or they might choose to invest in Bitcoin production without even owning it—if they're skittish about it.
Cryptocurrency is the current big buzzword. Blockchain, Bitcoin, and exchange are some words you have likely seen a lot over the past couple of months. It may seem that there isn't any substance to these words, but that couldn't be further from the truth.
We are all familiar with the rise of “doctor in your pocket” style apps, which help us arrange a virtual consultation with a doctor or specialist medical consultant; many of us also use wearable technology in the form of our Fitbits, or Apple Watches, to track our health and fitness levels.
It's hard to tell what makes Bitcoin and other cryptocurrencies so alluring. It could be the high return on investment that people have experienced with them. It could be the fact that there's always a community to discuss which cryptocurrency will be the next to boom. Maybe it's just the fact that it's such a "sci-fi" concept.
Given the recent boom in the cryptocurrency world, what better time than now to educate yourself about it? Whether you're just learning the ins and outs of cryptocurrency slang or what Bitcoin even is, TED Talks about blockchain and crypto are sure to satisfy your inquisitiveness.