It could transform how we track nearly every transaction.
You may have heard the term “blockchain” used when people talk about cryptocurrencies like bitcoin. If you’re unsure of what it means, think of blockchains as ledgers that keep track of transactions. In the case of bitcoin, the blockchain is a record of financial transactions between parties. The blockchain is decentralized, meaning that no one is in charge of it, and the data isn’t owned or stored by any one company, but rather dispersed across many computers.