In an industry that thrives on hyping buzzwords, blockchain has been one of the biggest, most hyped buzzwords of them all. Despite this amount of hype, few killer blockchain applications (outside of cryptocurrency) have emerged. Perhaps, this is because few people have a deep enough understanding of what blockchain is to dream about the problems it could solve for them? In that case, hopefully this article, which attempts to explain blockchains to a non-technical audience, will spur on discussion about solid applications built upon blockchains.
(Please note – this discussion will gloss over implementation details in favour of big picture design considerations. It is not intended to serve as a quote, or a guide to technical complexity – just a high level primer into what the technology is capable of.)Continue reading “What the block? A simple primer on blockchains and their uses”