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Reuters

The future uses of blockchain, explained

The hype around cryptocurrency has had booms and busts, but the underlying technology—blockchains—continues to offer tantalizing possibilities around future uses. Blockchains can be thought of as a running list of information, where new details are added to the running chain as discrete "blocks." With crypto, the information contained within each block could be virtually anything, providing a flexibility for uses in commerce, legal filings, healthcare records, and more.

Blockchain

A blockchain is an online database that records and tracks the transactions, ownership, and existence of digital assets, including cryptocurrency. We've collected the best resources on the web to help you learn how blockchains operate, what the technology means for the future, and more.

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A simple visual explanation of how blockchains work

Blockchains are decentralized, distributed, and digital methods to record transactions and prevent alterations and tampering of the record. That's a simplified definition. This easy-to-understand six-minute video further and better explains what blockchains are and how they work using colorful illustrations and clear, concise clarifications on their processes and what makes them so special.

Explore all Blockchain

Search and uncover even more interesting information in our vast database of curated Blockchain resources