What is Blockchain Technology?

01/05/2023 6 min
What is Blockchain Technology?

Listen "What is Blockchain Technology?"

Episode Synopsis

Blockchain technology has paved the way for cryptocurrencies to flourish, however, do we really appreciate this monumental shift in distributed ledger technology or it's no big deal?In this guide by Collective Shift. We explore what blockchain technology is, what the big deal is and briefly, blockchains and their consensus mechanisms.Beginner QuestionDo you think we can have cryptocurrencies without the blockchain?Collective Shift Resource:What is Blockchain Technology?Timestamps:00:00 What is Blockchain?00:55 Blockhains01:37 Blockchain Vs Crypto02:30 Whats the big deal?03:27 Data Ownership03:55 Transparency04:18 Conensus