Blockchain for absolute beginners

Blockchain is as significant now as the internet was 25 years ago. — Blythe Masters

Photo by Launchpresso on Unsplash

What is Blockchain?

How does it work?

How can it be applied?

Conclusion + key takeaways

What is blockchain?

Decentralized

Immutable

Current

How it works

Nodes

Wallets

Keys

Hashes

Blockchain architecture

Source

How is a block added to the chain?

An exemplary transaction.

How can it be applied?

Source

Education

Finance

Smart property

Digital ID

Voting

Government

Source

Healthcare

Music

Conclusion

TL;DR

Insatiably curious. I find beauty everywhere. Editor at https://medium.com/studentsxstudents