Blockchain (for the purpose of information only)
A few Definitions:
Blockchain – The blockchain is seen as the main technological innovation of Bitcoin, since it stands as proof of all the transactions on the network. A block is the ‘current’ part of a blockchain which records some or all of the recent transactions, and once completed goes into the blockchain as permanent database.
Vitalik does a great interview here, which for some or most it will be too technical but its a great video. Decentralizing Everything with Ethereum’s Vitalik Buterin (click here)
Ethereum – Ethereum (source Wikipedia) is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called “ether”, which can be transferred between accounts and used to compensate participant nodes for computations performed. “Gas”, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network. Got it?
Latest updates on Blockchain:
One in five central banks say they will be using blockchain tech by 2019 (click here)
How is Blockchain and security come together? (working on it this)
Blockchain: Massively Simplified | Richie Etwaru | via TEDxMorristown
This is a very simplified description of the Blockchain with good details and explanation.
Richie Etwaru, discusses the opportunity and implications of blockchain as a paradigm to slow/chose the expanding trust gap in commerce. He unpacks blockchain to a level of simplicity to be consumed by those that are just starting to understand and explore the paradigm. He lays out a current state of commerce, suggesting that every company is currently at risk of being disrupted or incurring severe strain from a blockchain version of itself.
Professionally, Richie Etwaru is a c-level at a Fortune 500 Company, an author, the owner of international patents, the founder of multiple ventures, an experienced keynote speaker, an angel investor, a member of advisory boards, and a recognized thought leader in the area of digital, technology, and design.
Specific to this TEDx talk, Richie is an adjunct professor of blockchain management at Syracuse University in New York, he has delivered over 100 blockchain keynotes across the world, he has written well read blockchain blogs, he has been interviewed on blockchain in online TV shows, and has advised governments and venture funds on blockchain opportunities. (from TEDx Morristown)