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What is Blockchain and why do we need it?

One of the most frequently asked questions I get when I tell people that I am a Blockchain advocate is "What is Blockchain exactly?". Fair question. The technology is still relatively new. It basically boils down to a distributed network that ensures security across our digital life. 











Bear with me in the next two paragraphs - more fun Blockchain info can be found below!

A distributed network as opposed to a centralized network means that there is a system that uses computers in various locations to verify information as opposed to one centrally located server facility. The problem with the centralized model is that it is at a higher risk of being hacked. While a distributed network has an entirely different set of safety protocols built in making it resilient to hacking.

But Blockchain is really just the platform that allows for Bitcoin and a wild array of other protocols to function.

Here is a very short list of some of my favorite Blockchain projects. I hope this helps yo…

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