The Blockchain Is Coming… Are You Ready?

You may have heard the term “blockchain” this year mentioned in many different ways.

What is it?

The blockchain is a new technology that many people say will transform how many of us do business together. Think back to before the internet came along, how people were speculating on the future of e-commerce.

Block-chainThe blockchain is a new technology that many people say will transform how many of us do business together.In its most basic form, a blockchain (formerly block chain), is a growing list of records, called blocks, which are linked together using cryptography. Once published, this information that can’t be changed or tampered with. Some people refer to it as a “public database.”

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