Project Management

The Basics of Blockchain

From the Transformation Management Blog
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The digital economy has fueled executive appetite for transformation. This blog highlights the challenges and opportunities of orchestrating digital business transformation successfully. It covers a broad range of transformation topics—from digital business models and innovation, through to transformation mindsets and value creation.

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Every so often a new technology comes along that does rock the world. For example, we had the emergence of the Internet. Later we had hand-held devices like the iPhone, and now another revelation is Blockchain – which seems to have outgrown the original ambitions that its inventor Satoshi Nakamoto had for it back in 2008.

Put simply, blockchain provides a new way to store data and provide trust in that data's authenticity. It's a distributed ledger, or database, shared across a public or private computing network.

Let me elaborate a little.

 

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Posted on: January 11, 2020 12:45 AM | Permalink

Comments (2)

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Great teaser, Rob! I hope you delve into blockchain some more in future podcasts.

Thanks Rob for this exciting and energetic introduction to blockchain. It certainly raises my interest to know more!

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