Blockchain Explained Simply – Blockchain In 7 Minutes

How many people want blockchain explained simply?  This video discusses the reasons of creating blockchain, why its important, and how it is used in real life scenarios.  Many people instantly think of bitcoin when they hear blockchain.  But there is so much more to blockchain.  Blockchain will completely change the way things are tracked in supply chain.

Learning Resources

Blockchain Quotes

• “The blockchain allows our smart devices to speak to each other better and faster.”  ~Melanie Swan
• “While it may seem scarier in the earlier days, I think ultimately the blockchain creates a safer world.” ~Fred Ehrsam
• “Blockchain technology isn’t just a more efficient way to settle securities. It will fundamentally change market structures, and maybe even the architecture of the Internet itself.” ~Abigail Johnson
• “The blockchain symbolizes a shift in power from the centers to the edges of the networks.”  ~William Mougayar
• “You have to think of the blockchain as a new utility. It is a new utility network for moving value, moving assets.” ~William Mougayar
• “The blockchain is a distributed network that solves all the problems that we have of finance, but more broadly, it’s like a philosophy. It’s a way of life.” ~Mike Cernovich
• “The blockchain does one thing: It replaces third-party trust with mathematical proof that something happened.” ~Adam Draper

Source: https://www.supplychaintoday.com/blockchain-explained-simply-blockchain-in-7-minutes/